UNIVERSITY OF MALTA THE MATRICULATION EXAMINATION ADVANCED LEVEL MARKETING MAY 2015 EXAMINERS’ REPORT AM EXAMINERS’ REPORT MAY 2015 AM MARKETING MAY 2015 SESSION EXAMINERS’ REPORT Part 1: Statistical Information Table 1 shows the distribution of grades for the May 2015 session of the examination. GRADE A B C D E F abs TOTAL NUMBER 21 57 110 66 47 81 61 443 % OF TOTAL 4.7 12.9 24.8 14.9 10.6 18.3 13.8 100 Part 2: Comments regarding candidate’s performance Paper 1 Question 1 Part a) of this question was generally answered satisfactorily, with many candidates correctly identifying the four general types of consumer products. Part b) proved to be more challenging and quite a few selected this question on the basis that part a) was relatively easy without considering the marketing considerations with respect to pricing and distribution related to the four types of consumer goods. This was particularly true with respect to ‘Unsought’ products. Question 2 Most candidates who answered part a) were familiar with the three main types of pricing strategies. The quality of the answers for part b) varied due to the level of knowledge about the different pricing strategies, and also due to the applied aspect of this question. Some managed to list the different elements correctly without applying them to the example indicated, thus losing considerable marks. Question 3 This was one of the least popular questions. Some replies were out of point as candidates mentioned the items of the promotional mix, rather than the communication process per se. Many lost marks because they were prepared for a question about the promotional mix, and were thus insufficiently knowledgeable about the communication process. Others neglected to mention some of the elements – e.g. noise – in their essay. Question 4 Although not many candidates chose this question, most of those who did defined consumerism correctly. The traditional and additional consumer rights were generally well incorporated in the replies and applied to the tobacco industry. 2 AM EXAMINERS’ REPORT MAY 2015 Question 5 This was one of the most selected questions by the cohort. The main shortcoming in the replies was that although many had a good understanding of the difference between exploratory, descriptive and causal research, some confused primary with secondary research, or else gave replies to primary research in general rather than focus on exploratory research as requested in the question. Question 6 This was also a popular question among candidates, and one in which they managed to obtain a higher than average mark. The weakest point in the replies was in the evaluation of alternatives stage, where it should have been mentioned that consumers give different attributes different weightings and this contributes to the different choice of brands by consumers. Question 7 Some candidates were confused between the concept of the VMS and the types of VMS available. They understood what a VMS is, but the difference between Corporate, Contractual, Franchise and Administered VMS was not that clear to them. Question 8 Most candidates were able to explain the steps involved in the marketing process in detail, citing many relevant examples. Some omitted the final step – that of capturing value from customers. The concepts of needs, wants and demands were also well explained by most candidates who selected this question. Paper 2 Section A Response Analysis Case Study Questions Although many candidates understood the case study, some replies seemed more suited to a comprehension test than marketing. The case study seems to distinguish between candidates who would have had formal training on how to address such questions as against those who might not have had any. Some candidates who were familiar with the components of the micro-environment still failed to associate these elements with the case study. This was even more pronounced in the second question about product levels. Candidates knew about the difference between Core, Actual and Augmented products but were not always clear about their application to Chobani Yoghurt. It is also important for candidates to gauge their answers to the marks allotted. Question 4 was allotted 14 marks, which was an indication that more was required than a simple list. The list had to be accompanied with valid argumentation about the impact of the different media on the recall exercise. Section B Question 1 Almost all candidates who replied to this question managed to mention the main characteristics of a service. The general weakness of the answers was in part b) which required them to link the characteristics to the extended marketing mix. 3 AM EXAMINERS’ REPORT MAY 2015 Question 2 This was a favourite question with candidates. Many who selected question 2 went into appropriate detail about the types of consumer market segmentation. Question 3 Although the first part of this question was answered properly by most candidates, in part b) candidates tended to confuse the consumer buying process with the organisational buying process. Question 4 There were some good replies to link the stages of the product life cycle to the items of the marketing mix. Some aspects of the marketing mix were explained more accurately than others. In particular, candidates were better able to explain the promotional strategies across the PLC stages than the distribution strategies. The main challenge of this question was that it integrated different chapters of the syllabus with each other. Chairperson Board of Examiners 2015 4