free 2019/2020 waec expo for Marketing
_Marketing Typed Answers_
(iv)Analysing past sales figures/trends to anticipate future product needs.
(v)Devising a merchandise plan using the above techniques.
(vi)Relaying the merchandise plan to the buyer who, in turn, can decide on what products, styles, colours etc
(i)This era gave rise to marketing departments
(ii)The era gave rise to marketing companies.
(iii)It led the relationship marketing and social media
(iv)mobile marketing was introduced
(v)The use of technology in marketing
(i)Marketing creates employment
(ii)Marketing creates utilities.
(iii)Increases awareness of goods and services
(iv)Increases sales of company
(v)Marketing Helps in Transfer, Exchange and Movement of Goods
product concept” is based upon the idea that customers prefer
products that have the most quality, performance, and features, some customers prefer a product that is simpler and easier to use.
The Selling Concept proposes that customers, be individual or organizations will not buy enough of the organization’s products unless they are persuaded to do so through selling effort. So organizations should undertake selling and promotion of their products for marketing success.
Production Concept is a belief that states that the customers would always acquire products which are cheaper and more readily available (or widely available). The production concept advocates that more the products or
production, more would be the sales.
The societal marketing concept holds that the organization’s task is to determine the needs, wants, and interests of a target market and to deliver the desired satisfactions more effectively and efficiently than competitors in a way that preserves or enhances the well being of both the individual consumer and society
5a Advertising is any communication, usually paid-for, specifically intended to inform and or influence one or more people.
(1) direct mail
(2) newspapers and magazines
(3) radio advertising
(4) television advertising (5) film advertising
(6) outdoor advertising
1. It Is a Costly Function
One strong objection to advertising is that it is a very costly function. Many studies have proved that the cost of ads exceeds that of sales by a small but significant percent. In theory, the high cost of advertising is covered by increased sales of the advertised product, but this usually is not the case.
Advertising is an indirect cost which is added into distribution expenses. When expenses increase, the selling price of products does too. With large advertisers spending thousands of dollars a week solely on ads and marketing, advertising costs make up a significant part of the price of an advertised product. Thus, consumers have to pay higher prices for products.
Advertising is an economic waste because unbalanced advertising causes certain goods to cost more than they should.
2. Misleading Claims About Products
Some advertisers cleverly create misleading impressions of their goods—they present a very rosy picture of their products with the object of increasing their sales. In reality, their item is of inferior quality
3. Encouragement of Monopoly
Advertisement restricts competition among products. Big industrialists and manufacturers can use advertising to increase their monopolistic control over the market against the public interest. Advertising increases awareness about a few products but causes all other options to be overlooked.
4. Confusion About Characteristics of Products
Many similar products are advertised on the market, but producers put great emphasis on minor differences in the formula, technique, or make of advertised goods. For example, there are many brands of shaving creams which perform the same function but are advertised as dramatically different products. Due to misinformation disseminated by advertising, it has become impossible for the average buyer to judge with any certainty the quality of the product they are buying.
This is the basic function of warehousing. Surplus commodities which are not needed immediately can be stored in warehouses. They can be supplied as and when needed by the customers.
2. Price Stabilization:
Warehouses play an important role in the process of price stabilization. It is achieved by the creation of time utility by warehousing. Fall in the prices of goods when their supply is in abundance and rise in their prices during the slack season are avoided.
3. Risk bearing:
When the goods are stored in warehouses they are exposed to many risks in the form of theft, deterioration, exploration, fire etc. Warehouses are constructed in such a way as to minimise these risks. Contract of bailment operates when the goods are stored in wave-houses.
Loans can be raised from the warehouse keeper against the goods stored by the owner. Goods act as security for the warehouse keeper. Similarly, banks and other financial institutions also advance loans against warehouse receipts. In this manner, warehousing acts as a source of finance for the businessmen for meeting business operations.
6b(i) the 3 mood of transportation are
a. By land e.g car or lorries or train
b. By air, e.g airplane
c. By sea e.g ship and canoe
1. A waybill is a document issued by a
carrier giving details and instructions relating to the shipment of a consignment of goods. Typically it will show the names of the
consignor and consignee , the point of origin of the consignment, its destination, and route .
A shipping agreement between the consignor of a shipment and the carrier of the shipment, which records the receipt of goods for shipment to a specified destination. The consignment note also specifies the
consignee of the shipment and the fee for shipment, but unlike a bill of lading, is not a document of title.
3. A delivery note is a document sent with a shipment of goods that describes the goods and the quantities being delivered. A delivery note is crucial in the shipment of goods. It will list the products that are contained within the package. Delivery notes generally don’t include the prices of the goods being shipped.
2019/2020 WAEC Marketing Expo
Waec Marketing 2019 Pdf, Free expo for Waec Marketing solutionwap, 2019 Marketing Expo For Nigeria Schools, Waec may Marketing, Waec Marketing 2019 Pdf, free Waec 2019 Marketing, Waec 2019/2020 Marketing, Waec may June 2019 Marketing, Waec May/June 2019 Marketing, 2019/2020 Waec may/june Marketing, Waec Marketing 2019 Pdf, Waec Marketing 2019 For Nigeria candidates, 2019/2020 Waec Exams Marketing expo, 2019 Waec Marketing answers, Current 2019 Waec Marketing questions expo
Here Is The Verified WAEC 2018 Marketing Expo Answers Questions And Answers – May/June Exam Expo Runz
WAEC 2018 Marketing Expo Answers
Direct SMS: N800 MTN CARD
(In This Package, We’ll Send Answers To Your Phone Inbox Via Text Msg/SMS Before Exam Starts)
Whatsapp: N600 MTN CARD
(In This Package We’ll Send You The Password And Link 6Hr before Exam And Answers Will Show B4 Exam Starts Sometimes Answers Comes 12 Hours.)
How To Make Payment
(i) Subject Name (e.g Marketing)
(ii) MTN Recharge Card Pin(s)
(iii) Phone number To 09030866320
Related Question/Review on How to get free 2019/2020 Marketing Expo
So many of our candidates are asking Mr.Solution the below Questions for their free 2019/2020 Marketing Expo. Check below to see where you belong.
Another Suitable Question by candidates on How to get free 2019/2020 WASSCE Marketing Expo
How to get free Waec Marketing answers?
How to get free Waec Marketing solutions?
How to subscribe for free Waec Marketing answers?
How to register for free Waec Marketing answers?
How to register for free Waec Marketing runs?
Yet Another Question Asked So Far on How to get free 2019/2020 WAEC Marketing Answers
how to subscribe for free Waec Marketing expo, how to subscribe for free Waec Marketing solutions, how to get authentic free Waec Marketing expo, how to get authentic free Waec Marketing runz, how to get authentic free Waec Marketing answers, how to get authentic free Waec Marketing questions and answers?
Questions:: How to get free 2019/2020 Marketing Expo
If You Subscribe Today!
You will Get Answers To Below Possible Search Engine Tags↓
Tags: Free 2019/2020 waec Marketing Obj & Theory Answers, Free Marketing Expo, Free Marketing Runz, Free Marketing Questions & Answers, free Marketing choke wassce answers, Free 2019 wassce Marketing Dubs, Marketing Expo, Marketing Runz, waec 2019/20 Marketing Chock, Marketing Dubs, complete Marketing Expo , verified Marketing Runz, waec 2019 correct Marketing Chock, Confirmed WASSCE 2019 Marketing Dubs, wace Marketing Obj & Theory Answers, Waec Marketing Expo, Waec Marketing Runz, Waec Marketing Questions & Answers, Free Marketing Obj & Theory Answers, Waec Marketing dubs, Free 2019 Waec Marketing Expo , Free 2019 Waec Marketing Runz, Free 2019 Waec Marketing Questions & Answers, free 2019 Waec Marketing choke, free 2019 Waec Marketing dubs, Free Marketing Obj & Theory Answers, Free Marketing Expo, Free Marketing Runz, Free Marketing Questions & Answers, free Marketing choke, Free Marketing Dubs, Marketing Expo, Marketing Runz, Marketing Chock, Marketing Dubs, complete Marketing Expo , verified Marketing Runz, correct Marketing Chock, Confirmed . Marketing Dubs, wace gce Marketing Obj & Theory Answers, Waec Marketing Expo, Waec Marketing Runz, Waec Marketing Questions & Answers, Free Marketing Obj & Theory Answers, Waec Marketing dubs, Free 2019 Waec Marketing Expo , Free 2019 Waec Marketing Runz, Free 2019 Waec Marketing Questions & Answers, free 2019 Waec Marketing choke, free 2019 Waec Marketing dubs, Verified Waec 2019 Marketing (Obj & Theory) question, Waec Free 2019/2020 Marketing Theory & Obj Questions and answers have been posted FOR FREE, 2019/2020 Waec Marketing OBJ AND THEORY ANSWERS NOW AVAILABLE With SolutionWap