Professional Documents
Culture Documents
Midterm
Midterm
Midterm
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Part 1 : A. Multiple choice question, only one good answer (2 marks per question = 60 marks)
Bags, personal items (clothing, pencil cases, cell phone even turned off, etc.) and any other document must be set-aside.
Your are not allowed to talk or communicate in any way with another person during the exam period.
new products
brand
2 - When the brand Fleury-Michon creates «Fleury-Michon restaurants», it doesn’t just offer ready meals but
______
consumer’s benefit 2/2
values
access
experience
3 - When Benetton decides to knit its sweaters before dyeing them based on information from store sales, what
marketing orientation is chosen ?
value-based marketing 2/2
economics-oriented
sales-oriented
Service marketing-oriented
4 - The fundamental goal of marketing when creating goods, services or combinations of both is to ____
defeat the competition
2/2
serve all consumers
5 - The act of obtaining a desired object from someone by offering something in return is defined as ____.
targeting
2/2
segmentation
differentiation
exchange
positionning
6 - What is the essential element of the definition of marketing that is not respected in this statement: "marketing
only thinks about making a sale under any condition"?
pricing decision is the most pivotal decision in a marketing strategy 2/2
customers are not to be considered until the offer is ready to sell
all parties to an exchange should be satisfied
culture
competencies
9 - When a supply store chain offers self-checkout, extended opening hours, oneline shopping with next-day
delivery, it is trying to address what social trend ?
greener consumption 0/2
health and wellness
time-poor society
privacy concerns
tec savvy
10 - If a fast food brand wants to change its marketing strategyin response to currentsocial trends, it may consider
all of the following ideas EXCEPT:
offering an expanding menu of healthy options 2/2
promote its offers targeting elementary school children
speeding up drive-through service
that the researcher can only obtain through surveys and observation
12 - Which method could a marketing researcher use to obtain information that people are unwilling or unable to
provide?
projective techniques 0/2
focus groups
depth interviews
13 - ABC Company has decided to use mail questionnaires to collect data. Management recognizes this method has
all the following advantages EXCEPT which one?
low cost per respondent 0/2
more honest answers may be given
population
target group
audience
15 - A manufacturing company wants to encourage its managers to get a college degree online. To determine what
programs are available, requirements for entering specific programs, and how much time and money the programs
require, the company's human resource director consulted a 2021 article in a newspaper on online universities. The 0/2
human resources director used ________.
projective data
secondary data
primary data
observational data
17 - The set of marketing tools a firm uses to implement its marketing strategy is called the ________.
promotion mix
2/2
product mix
marketing mix
TQM
marketing effort
18 - All of the following are examples of product-oriented mission statements, EXCEPT which one?
"At America Online, we provide online services."
2/2
"At Disney, we run theme parks."
"At Nike, we sell shoes."
"At Revlon, we sell lifestyle and self-expression; success and status; memories, hopes, and dreams."
19 - In the Boston Consulting Group approach, ________ serve(s) as a measure of company strength in the market.
20 - Nathan is conducting a portfolio analysis for his company. Which of the following activities would this
involve?
Studying the products and strategies of competitors in order to improve the company's own products 0/2
Collecting consumer feedback in order to better position the company's products in the minds of
consumers
Evaluating the attractiveness of an SBU's market and the strength of its position in the market
Segmenting the company's markets to effectively reach the target consumers
Conducting marketing research to estimate the efficiency and effectiveness of the company's
marketing strategy
25 - Valerie is charged with assessing her company's internal elements as part of a SWOT analysis. Valerie will
study her company's
strengths and weaknesses 2/2
sales history
pension plan
product specifications
opportunities and threats
27 - A key to successful marketing is determining how to meet the correct balance of ________ needs that best
appeals to the firm's target markets.
functional and social 0/2
post-purchase and prepurchase
safety and situational
psychological and physiological
functional and psychological
28 - When Kyle began searching for a new car to replace her old, rusty one, she probably relied on sources of
information.
interpersonal and sensual 0/2
internal and external
compensatory and noncompensatory
ritual and spiritual
29 - In the consumer decision process, we decide how much time and effort to expend searching for information
based partly on
postpurchase dissonance 0/2
the outcome of the alternative evaluation process
the degree of perceived risk associated with the product or service being considered
financial risk
Please, answer the 2 open questions. (20 marks per question = 40 marks)
Explain the significance of your answer with details. The best answer will be factual and analytical. There is no room for personal feelings or emotional
response. Provide some examples in your answers to back up what you are saying.
The organization and clarity of your answers are no less important than the content. Therefore, it is important for you to structure your answers properly
by including the three main sections in your writing: Introduction, Development/Analysis, and Conclusion.
1 - 1. Market development strategy is one of the four growth strategies available to companies. Provide a real-world
example of a company’s market development strategy.
10/20
We can take for example company's market development strategy, Uber. Uber is one of the biggest taxi company in
the world, and after his creation many of company's competitors has created such as Free Now, Bolt...
Market development involves identifying and
Uber is a company of service, is not a exchange to a product but to a service. Uber develop his company with an
developing new markets for the company’s
application. This is a company connected and attract many people and generaly young people. Moreover, uber sold
a services cheaper than his first competitor "the taxi", a uber give response quickly if he can or if he can't. current products. Examples must entail
targeting new customer segments or
After that, uber's company is not stay a company that drive someone at a specific place, now give a service for food,
geographical markets. This strategy must not
like if you want a hamburger, you can go on the application Ubereat and command your taste. When this
application has created, uber have more and more competitors like Deliveroo, Just eat... And the last recent be confused with other development strategies
innovation on the application, you can do your shopping (Food). or with a complete marketing plan.
Uber develop his company thanks to the technologie but also thanks to his competitors because Uber want always is
the best on the market. The price is cheaper, there are a good service and he is the first in the market. Uber are
developped with social media.
2 - 2. Sylvie wants to buy a new computer. Describe all the steps in the purchase process AND provide examples of
one internal and one external influences on buying decision.
10/20
The first step for sylvie before she buy a new computer, is why she needs a new computer, what does she attend to
its new computer.
The consumer decision process consists of five
After she needs to evaluate all brand and where she want to buy its new computer, because there are many company
stages: Need recognition; Information search;
to buy it like Apple, Asus, Hp... So, she needs to evalute her need and what she want. For example, many of people
have a Macbook (Apple) because it is modern, it is nice but is not the best computer if you need to work every day Evaluation of alternatives; Purchase decision;
on it. Postpurchase behavior. Each step must be
explained. Internal search for information
She needs also to analys other option like the price.
involves consumers’ previous experiences and
knowledge, while external search involves
consulting family, friends as well as
commercial sources like advertisements and