Mgt bate Study guides, Class notes & Summaries

MGT 103 Final Demill Exam Questions & Revised Correct Answers. Guarantee Pass!! Four P's - ANSWER : PRODUCT - features, brand name, packaging, service, warranty PRICE - list price, discounts, allowances, credit terms, payment period PLACE - advertising, personal selling, public relations, sales promotion, direct marketing PROMOTION - outlets, channels, coverage, transportation, stock levels Cohesive marketing program - ANSWER : Also known as an integrated marketing program I...

QUESTIONS AND ANSWERS

MGT 103 Bates Final questions and answers 100% correct __% of ticket sales are now Online 50 Price the money or other considerations (think: bartering) exchanged for the ownership or use of a product or service Barter exchanging products and services for other products and services Calculating the Final Price (Formula) List Price - (Incentives + allowances) + Extra Fees College Student ex. Tution - scholarships + books/housing Value (Formula) Percieved Benef...

MGT 103 Midterm 1 DeMill Exam Questions & Revised Correct Answers. Guarantee Pass!! 4 P's of Marketing - ANSWER : Product, Price, Place, Promotion Question Marks - ANSWER : Low share of high-growth market Stars - ANSWER : High share of high-growth market Cash Cows - ANSWER : generates large amount of cash Dogs - ANSWER : Low share of slow-growth markets SWOT analysis - ANSWER : strengths, weaknesses, opportunities, threats product - ANSWER : features, brand name, packaging, s...

MGT 103 Midterm 1 DeMill questions and answers 100% correct 4 P's of Marketing Product, Price, Place, Promotion Question Marks Low share of high-growth market Stars High share of high-growth market Cash Cows generates large amount of cash Dogs Low share of slow-growth markets SWOT analysis strengths, weaknesses, opportunities, threats product features, brand name, packaging, service, warranty price list price, discounts, allowances, cred...

MGT 103 BATES MIDTERM questions and answers 100% correct marketing started production based; engineers the activity, set of institutions, and processes for creating, communicating, deliver- ing, and exchanging offerings that have value for customers, clients, partners, and society at large Eras of marketing 1. production 2. sales era 3. marketing concept era 4. customer relationship era need precedes a want; underlying necessity -basic physical and psychological needs ...

MGT 103 Midterm Exam Questions & Revised Correct Answers. Guarantee Pass!! Definition of Marketing - ANSWER : The activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large. Exchange - ANSWER : Marketing Concept - ANSWER : Analyze Market Opportunities → Select Target Audience → Market Research → Formulate the Marketing Mix → Implement & Control. N...

MGT 103 Final Demill Exam Questions & Revised Correct Answers. Guarantee Pass!! Four P's - ANSWER : PRODUCT - features, brand name, packaging, service, warranty PRICE - list price, discounts, allowances, credit terms, payment period PLACE - advertising, personal selling, public relations, sales promotion, direct marketing PROMOTION - outlets, channels, coverage, transportation, stock levels Cohesive marketing program - ANSWER : Also known as an integrated marketing program ...

Mgt 103 Demill Midterm 1 Exam Questions & Revised Correct Answers. Guarantee Pass!! What is marketing - ANSWER : Delivering value to customers. Seeks to: Discover needs and wants of customers Satisfy them Exchange - ANSWER : Money for goods and services Requirements for marketing to occur - ANSWER : 1. Two or more parties with unsatisfied needs 2. Desire and ability to satisfy these needs 3. A way for the parties to communicate 4. Something to exchange How marketing discovers ...