Past 2017 top best forum
Today's Date
Nigeria free 2018 Gallery
9ja NOTICE: You are currently viewing this website as a Guest and are restricted from viewing some vital information. For more permissions on Earlyface.com.ng? Like posting Comments, Topics and Uploading contents without Verification And Moderator's approval. Fast loading and quick accessibility. Registration is required. Please Login or Register now to gain full access. It is fast and free!!

CLICK HERE NOW TO BECOME EARLYFACE MEMBER...


Author Topic: waec marketing 2022/2023  (Read 411 times)

0 Members and 0 Guests are viewing this topic.

Offline NORTOLA

  • VIP MEMBER
  • Teacher Member
  • *
  • Posts: 233
  • Vote for me: +39/-8
  • Location: Akwa ibom state
waec marketing 2022/2023
« on: May 17, 2022, 09:52:43 am »
MARKETING-ANSWERS!-
(2a)
Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services.

(2aii)
(i)Promotion.
(ii)Selling.
(iii)Product/service
(iv)management.
(v)Marketing information management.
(vi)Pricing.

(2b)
(i)The Production Concept; The production concept is focused on operations and is based on the assumption that customers will be more attracted to products that are readily available and can be purchased for less than competing products of the same kind.

(ii)The Product Concept; The product concept is the opposite of the production concept in that it assumes that availability and price donít have a role in customer buying habits and that people generally prefer quality, innovation, and performance over low cost.

(iii)The Selling Concept
Marketing on the selling concept entails a focus on getting the consumer to the actual transaction without regard for the customerís needs or the product quality a costly tactic.

(iv)The Marketing Concept; The marketing concept is based on increasing a companyís ability to compete and achieve maximum profits by marketing the ways in which it offers better value to customers than its competitors.

Offline NORTOLA

  • VIP MEMBER
  • Teacher Member
  • *
  • Posts: 233
  • Vote for me: +39/-8
  • Location: Akwa ibom state
Re: waec marketing 2022/2023
« Reply #1 on: May 17, 2022, 09:53:56 am »
(1ai)
Entrepreneurship refers to the concept of developing and managing a business venture in order to gain profit by taking several risks in the corporate world.

(1aii)
(i)Retained Earnings Businesses aim to maximize profits by selling a product or rendering service for a price higher than what it costs them to produce the goods. It is the most primitive source of funding for any company.
(ii) Debt Capital Companies obtain debt financing privately through bank loans. They can also source new funds by issuing debt to the public. 
(iii)Equity Capital Companies can raise funds from the public in exchange for a proportionate ownership stake in the company in the form of shares issued to investors who become shareholders after purchasing the shares. 
(iv)Personal investment
When starting a business, your first investor should be yourself either with your own cash or with collateral on your assets. This proves to investors and bankers that you have a long-term commitment to your project and that you are ready to take risks.

(1b)
(i)Availability of raw materials
(ii)Nearness to market 
(iii)Availability of basic infrastructure 
(iv)Economic policy 
(v)Demographics 
(vi)Psychographics 
===================

Offline NORTOLA

  • VIP MEMBER
  • Teacher Member
  • *
  • Posts: 233
  • Vote for me: +39/-8
  • Location: Akwa ibom state
Re: waec marketing 2022/2023
« Reply #2 on: May 17, 2022, 10:01:01 am »
(1ai)
Entrepreneurship refers to the concept of developing and managing a business venture in order to gain profit by taking several risks in the corporate world.

(1aii)
(i)Retained Earnings Businesses aim to maximize profits by selling a product or rendering service for a price higher than what it costs them to produce the goods. It is the most primitive source of funding for any company.
(ii) Debt Capital Companies obtain debt financing privately through bank loans. They can also source new funds by issuing debt to the public. 
(iii)Equity Capital Companies can raise funds from the public in exchange for a proportionate ownership stake in the company in the form of shares issued to investors who become shareholders after purchasing the shares. 
(iv)Personal investment
When starting a business, your first investor should be yourself either with your own cash or with collateral on your assets. This proves to investors and bankers that you have a long-term commitment to your project and that you are ready to take risks.

(1b)
(i)Availability of raw materials
(ii)Nearness to market 
(iii)Availability of basic infrastructure 
(iv)Economic policy 
(v)Demographics 
(vi)Psychographics 
::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
(2a)
Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services.

(2aii)
(i)Promotion.
(ii)Selling.
(iii)Product/service
(iv)management.
(v)Marketing information management.
(vi)Pricing.

(2b)
(i)The Production Concept; The production concept is focused on operations and is based on the assumption that customers will be more attracted to products that are readily available and can be purchased for less than competing products of the same kind.

(ii)The Product Concept; The product concept is the opposite of the production concept in that it assumes that availability and price donít have a role in customer buying habits and that people generally prefer quality, innovation, and performance over low cost.

(iii)The Selling Concept
Marketing on the selling concept entails a focus on getting the consumer to the actual transaction without regard for the customerís needs or the product quality a costly tactic.

(iv)The Marketing Concept; The marketing concept is based on increasing a companyís ability to compete and achieve maximum profits by marketing the ways in which it offers better value to customers than its competitors.


Offline NORTOLA

  • VIP MEMBER
  • Teacher Member
  • *
  • Posts: 233
  • Vote for me: +39/-8
  • Location: Akwa ibom state
Re: waec marketing 2022/2023
« Reply #3 on: May 17, 2022, 10:20:08 am »
==================================

QUESTION (4)


4a)


Need: is something necessary to live and function. Needs are the basic requirements or necessities that are essential for your survival.


Exchange: An exchange is a marketplace where securities, commodities, derivatives and other financial instruments are traded. 


Demand: demand is the quantity of a good that consumers are willing and able to purchase at various prices during a given period of time. 


Wants: refers to a wish or desire to own goods and services that give satisfaction.


Transaction: an occurrence in which goods, services, or money are passed from one person, account, etc., to another

Typing......


No 5 (a)


Pick any four)

(i)Marketing planning provides direction for all organization marketing effort

(ii)Marketing planning help organization to raise finance for capital expenditure.

(iii)Marketing planning prevents time wasting on ineffectual marketing activities.

(iv)It save money by helping to ensure that the marketing budget is spent effectively

(v)It helps to identify. prerequisites to planned activities.

(vi)It helps to generate more clients by communicating effectively.


(5b)


(5bii)

(i)overseeing trade agreement

(ii)Reducing trade barriers

(iii)Reducing worldwide tariffs

(iv)Mediating dispute


(6a)


(Pick any Four)


(i)Derived Demand.


(ii)High concentration of production


(iii)Direct channel of distribution


(iv)Few Buyers And Large Volume.


(v)Professional buying


(6b)


(i)Industrial market: It involves set of all individuals and organizations that acquire goods and services that enter into the production of other products or services that are sold, rented, or supplied to others.


(ii)Reseller market:A market consisting of wholesalers and retailers who buy products for resale purposes.Resellers buy finished goods and resell them to the next level in a given distribution channel.


(iii)Government market: A government market is a market where the main buyers are federal, state, and local governmental organizations. They purchase goods or services from private businesses.

====================================


Completed!.



Offline NORTOLA

  • VIP MEMBER
  • Teacher Member
  • *
  • Posts: 233
  • Vote for me: +39/-8
  • Location: Akwa ibom state
Re: waec marketing 2022/2023
« Reply #4 on: May 17, 2022, 10:25:05 am »
(1ai)
Entrepreneurship refers to the concept of developing and managing a business venture in order to gain profit by taking several risks in the corporate world.

(1aii)
(i)Retained Earnings Businesses aim to maximize profits by selling a product or rendering service for a price higher than what it costs them to produce the goods. It is the most primitive source of funding for any company.
(ii) Debt Capital Companies obtain debt financing privately through bank loans. They can also source new funds by issuing debt to the public.
(iii)Equity Capital Companies can raise funds from the public in exchange for a proportionate ownership stake in the company in the form of shares issued to investors who become shareholders after purchasing the shares.
(iv)Personal investment
When starting a business, your first investor should be yourself either with your own cash or with collateral on your assets. This proves to investors and bankers that you have a long-term commitment to your project and that you are ready to take risks.

(1b)
(i)Availability of raw materials
(ii)Nearness to market
(iii)Availability of basic infrastructure
(iv)Economic policy
(v)Demographics
(vi)Psychographics
::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
(2a)
Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services.

(2aii)
(i)Promotion.
(ii)Selling.
(iii)Product/service
(iv)management.
(v)Marketing information management.
(vi)Pricing.

(2b)
(i)The Production Concept; The production concept is focused on operations and is based on the assumption that customers will be more attracted to products that are readily available and can be purchased for less than competing products of the same kind.

(ii)The Product Concept; The product concept is the opposite of the production concept in that it assumes that availability and price donít have a role in customer buying habits and that people generally prefer quality, innovation, and performance over low cost.

(iii)The Selling Concept
Marketing on the selling concept entails a focus on getting the consumer to the actual transaction without regard for the customerís needs or the product quality a costly tactic.

(iv)The Marketing Concept; The marketing concept is based on increasing a companyís ability to compete and achieve maximum profits by marketing the ways in which it offers better value to customers than its competitors.
::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
(3)
Answers loading...
::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
(4ai)
need is a consumer 's desire for a product 's or service 's specific benefit, whether that be functional or emotional.

(4aii)
want is the desire for products or services that are not necessary, but which consumers wish for.

(4aiii)
exchange is a marketplace where securities, commodities, derivatives and other financial instruments are traded.

(4iv)
demand is the total quantity demanded across all consumers in a market for a given good.

(4v)
transaction is a completed agreement between a buyer and a seller to exchange goods, services, or financial assets in return for money.

(4b)
Special offer
Okon enterprises ltd
Dealers in top electronic appliances in Nigeria like LG, SAMSUNG, SONY, HISENSE, THERMOCOOL. We sell smart television, washing machine, Generator, Blenders, Microwave and lots more
STORE: No.4 Okeke Adamu street, Lagos
CONTACT L: 06012345678
15% AMAZING DISCOUNT.
YES, THAT RIGHT!
Enjoy this discount on our newly available blenders, Television and Radio sets
You can't beat the dial
::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
(5)
Answers loading...
::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::::
(6a)
(i)Suppliers include all the parties which provide resources needed by the organisation.

(ii)Market intermediaries include parties involved in distributing the product or service of the organisation. And Public is made up of any other group that has an actual or potential interest or affects the companyís ability to serve its customers

(iii)Partners are all the separate entities like advertising agencies, market research organisations, banking and insurance companies, transportation companies, brokers, etc. which conduct business with the organisation.

(iv)Customers comprise of the target group of the organisation. and competitors are the players in the same market who targets similar customers as that of the organisation.
::::::::::::::::::::::::::::::::::::::::::::::::::

 

Related Topics

  Subject / Started by Replies Last post
4 Replies
380 Views
Last post May 26, 2022, 03:50:31 am
by MANDINHO
5 Replies
635 Views
Last post April 09, 2022, 07:53:00 am
by NORTOLA
0 Replies
329 Views
Last post May 15, 2022, 07:49:57 pm
by NORTOLA
2 Replies
185 Views
Last post May 16, 2022, 03:25:59 pm
by NORTOLA
6 Replies
636 Views
Last post May 17, 2022, 07:46:39 am
by Yonnie
3 Replies
400 Views
Last post May 17, 2022, 11:11:27 am
by NORTOLA
3 Replies
206 Views
Last post May 17, 2022, 01:01:46 pm
by NORTOLA

Updated Topics

How to make FREE #4000 using LCredit referral platform by Hazetech
June 28, 2022, 10:24:41 pm

How to make FREE #4000 using LCredit referral platform by Hazetech
June 28, 2022, 10:23:54 pm

How to make FREE #4000 using LCredit referral platform by Hazetech
June 28, 2022, 10:21:41 pm

How to make FREE #4000 using LCredit referral platform by Hazetech
June 28, 2022, 10:20:32 pm

How to make FREE #4000 using LCredit referral platform by Hazetech
June 28, 2022, 10:17:06 pm

NECO 2022 EXPO RUNZ ( SUBSCRIPTION ONGOING) by MANDINHO
June 24, 2022, 05:21:18 pm

WAEC FURTHER MATHEMATICS ANSWERS (ESSAY & OBJ) by MANDINHO
June 23, 2022, 11:42:38 am


FBLike US on Facebook.. TWFollow US on Twitter..

Portal
Forum
RSS Feeds
FAQ
Members Intro
Announcements
Privacy Policy
Terms Of Use
Partners
About Us

Problem Solutions
Global News
Sports
Celebs
Politics
Gists In Town
General
Song Lyrics
Dating
Religion

Examination
Post-UTME/Admission
School News
Online Reading
Scholarship
Education
Entertainment
Download Links
Stories
Fashion

MTN NG
9Mobile NG
Airtel NG
Glo NG
World Networks
Pc Tweaks
Mobile Phone
Computer Tips
WebMaster
Programming

Browsing Cheats
Net Tricks
Health n Welfare
Latest Jobs
EarlyFace Group Of Nigeria © 2022