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Author Topic: 2019/2020 WAEC Marketing 2&1 Questions And Answer Expo/Runs free  (Read 3671 times)

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Offline JEFFREY96

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Real 2019/2020 WAEC Marketing 2&1 Real Questions And Answers  Expo Runs Runz
====================
*Monday, 8th April, 2019*
Marketing 2 (Essay)** – 9:30 a.m. – 11:30 a.m.
Marketing 1 (Objective)** – 11:30 a.m. – 12:20 p.m.
====================

Like CLICK HERE for the QUESTIONS & ANSWERS.

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    Offline zillionfresh

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    am waiting ....the answers for marketing...pls

    Offline Ganstar

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    Pls exam has almost begun plssss😥😥😥


    Offline Aririguzo7

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    Answer pls oo

    Offline JEFFREY96

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    MARKETING ANSWERS
    ( 1a)
    ( i)Color
    ( ii)Landscaping
    ( iii)Texture
    ( iv) Communication
    ( 1b)
    ( i)Planning
    ( ii)Directing
    ( iii)Coordinating
    ( 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
    ==================================================
    ( 2a)
    ( 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
    ( 2b)
    ( i) Buying: It involves what to buy, what quality, how much , from whom,
    when and at what price. People in business buy to increase sales or decrease
    cost.
    ( ii) Selling: This is providing a way to give your customers what he wants .
    You can sell your product direct to customer or sell it at wholesale price to
    retailers.
    ( iii) Storage: It involves the keeping of goods in proper condition from the
    time they are produced until they are needed by customers.
    ( iv) Financing: This refers to how your business will. Obtain the money it
    needs to start operations and stay operable.
    ( v) Transportation: This is the physical means whereby goods are moved
    from the place where they are produced to where they are needed for
    consumption .
    ( vi) Processing: This involves turning a raw product like wheat into
    something the consumer can use. Eg bread
    ( vii) Promoting: A product or service is useless to your business if no one
    knows about it
    ===================================================
    ( 3a)
    ( i) Product concept: This is a marketing concept that assumes that customers
    will favour those products that offer the most quality for the price and therefore
    it is paramount for companies and industries to produce quality products.
    Customers will always go for quality brands and products as it is easy for
    them to distinguish them.
    ( ii) Selling concept: Selling concept ensures that once a product is produced,
    it is backed up by some strategies on how to make it sell. For instance
    advertising and personal selling methods are used hence any strategy that
    will beat the competition in the market is adopted.
    ( iii) Production concept: This focuses on the idea that's firm should focus more
    on those products that it can produce more efficiently ; and as well the
    production of low-cost products. The concept focuses more on the ability to
    produces and less on the customer' s satisfaction, it assumes that customers will
    favour those products that are available and affordable. Hence, the major
    focus is production and distribution.
    ( iv) Social Marketing concept : This concept ensures that for a company to
    only focus on exchange relationship with customers might not be to sustain
    long term success. Hence the strategy works to deliver values to customers in a
    way to improve the customer's and societal well being. Hence, social and
    ethnical considerations are maintained in production.
    ( 3b)
    ( i) Initial price of product = N4000
    Selling price = N6000
    Mark up = N6000 - N 4000 = N2000
    ( ii)
    ( iii) Percentage markup on selling price =
    Mark up/selling price × 100/1
    = 2000/6000 × 100/1
    =33.3%
    name
    ====================================================
    ( 4a)
    An entrepreneur is an individual who, rather than working as an employee,
    founds and runs a small business, assuming all the risks and rewards of the
    venture.
    ( 4bi)
    ( i)Basic human psychology.
    ( ii)Listening skills.
    ( iii)Prospect filtering.
    ( iv) Strategic positioning.
    ( 4c)
    ( i)Establishing a Daily Routine: Many successful entrepreneurs develop,
    grow and maintain their business in different ways. Even though they have
    different methods that contribute to their success.
    ( ii)Exercising: Daily exercise is definitely something that you should include
    in your routine. Exercise is beneficial for both your physical and mental
    health, and taking time out of your day to run on a treadmill will boost your
    productivity.
    ( iii)Eating a Healthy Diet Food: acts as fuel for your body. What you eat has
    a significant impact on how you feel throughout the day. It’s important that
    you maintain a healthy diet if you want to be alert and productive all day
    long.
    ( iv) Hiring an Assistant: Most entrepreneurs are on a very tight budget when
    they get started, and hiring a staff is probably not a viable option. However,
    you should hire an assistant as soon as your company starts making a profit.
    ( v) Finding a Mentor: Mentors are extremely beneficial for young
    entrepreneurs. Even though the world of entrepreneurship may be new to
    you, there are people who have already gone through what you are going
    through.
    ==================================================
    ( 5a)
    Advertising is any form of non-personal communication through the mass
    media that is paid by an identified sponsor with the target to inform people
    about an idea, product or service.
    ( 5b)
    ( i) Television
    ( ii) Newspaper
    ( iii) Radio
    ( iv) Billboard
    ( v) Internet
    ( vi) Magazine
    ( 5c)
    ( i) It is deceptive, in that the product may not actually possess the qualities it
    purports to have on the media.
    ( ii) It manipulates people to spend outside their purchasing will or
    ambulance .
    ( iii) It reduces small business employment.
    ( iv) It raises the cost of products and services as the cost of advertising are
    added up.
    ( v) It encourages monopolistic control .
       
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    Offline dracula11

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    Offline Owarsh

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    Obj pleaae

    Offline Aririguzo7

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    Offline omanma

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    Please help me with obj

    Offline Owarsh

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    1-10: DECABAAACB
    11-20: BDEBBBAEED
    21-30: BCACABDCBC
    31-40: ADEEEBABAB
    41-50: CAAAAEAEEB
    51-60: DADECAEECA

    Offline omanma

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    Offline Gesdaking

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    I need more

    Offline omanma

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    Marketing OBJ:
    1-10: DCAADBADCA
    11-20: ADCABAACBB
    21-30: BCCACCADAC
    31-40: AACCBCACBC

    Offline abdul6445

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    Offline Planwell667

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    Good morning Earlyface, you people are not working according to the name. The OBJ of marketing you posted was very later and it not good. You people should improve and post the answers on time. Thank you for cooperation.

    Offline smith95

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    Good morning Earlyface, you people are not working according to the name. The OBJ of marketing you posted was very later and it not good. You people should improve and post the answers on time. Thank you for cooperation.
    if you want the answers early you subscribe to receive it early
       
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    Offline Ganstar

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    Pls if we subscribe how early can we receive it

    Offline smith95

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    Pls if we subscribe how early can we receive it

    as early as possible
       
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