department of management sciences
college of social and management sciences
western delta university
second semester examination 2022/2023 session
MKT202 - principles of marketing time: 2hrs
answer ANY FOUR(3) questions. all questions carry equal marks.
Question 1
- What are marketing channels? (2.5 marks)
- Explain briefly the three (3) types of intermediates (7.5 marks)
- Outline five disadvantages of using intermediates (7.5 marks)
Question 2
Discuss exhaustively the two (2) methods of pricing (17.5 marks)Question 3
With a good illustration explain the marketing channel for consumer goods distribution (17.5 marks)Question 4
- Mrs Johnson is the Marketing Manager of Liverpool Global Services. She needs advice on the various pricing objectives. As a marketing expert, advise her on five pricing objectives she can pursue. (10 marks)
- Explain three (3) importance of reverse flow channels (7.5 marks)
Question 5
- Promotion enables a company communicate the value of its product to its target audience. Briefly explain four promotion mix elements. (10 marks)
- Explain briefly three (3) advertising objectives. (7.5 marks)
Question 6
- Explain four (4) ways of getting involved in international marketing (8 marks)
- Suppose the manufacturer of polythene bags has invested N5000000 into his business and he has the following cost and sales expectations:If the manufacturer wants to set price to earn 20% return on investment (ROI) what will be the target return price? (9.5 marks)
Variable cost per unit N50
Fixed cost N1500000
Expected unit sales N250000