lOMoARcPSD|25960361 Final POM. Jan 2022 Principle MKT ( Online EXAM) Principle of Marketing (International University - VNU-HCM) Studocu is not sponsored or endorsed by any college or university Downloaded by Minh Trà Võ (vominhtra04@gmail.com) lOMoARcPSD|25960361 THE INTERNATIONAL UNIVERSITY (IU) – VIETNAM NATIONAL UNIVERSITY – HCMC FINAL EXAMINATION Date: January 2022 Student ID: .................................. Name:................................................ SUBJECT: Principles of Marketing Dean of School of Business Administration Signature: Lecturer: Full name: Dr Trinh Viet Dung Full name: Dr. Tran Tien Khoa Mrs. Nguyen Que Tien Ms. Dang Thi Uyen Thao Mr. Lai Vinh Phuc Signature: INSTRUCTIONS: 1. This is a CLOSED BOOK examination 2. No talking during exams. 3. No mobile phone, tablet use during the exam. 4. The students can use dictionary IN HARD COPY ONLY GOOD LUCK! Note: a Selected a Unselected Downloaded by Minh Trà Võ (vominhtra04@gmail.com) Reselected lOMoARcPSD|25960361 Stick ONLY ONE answer for each question 1 A B C D E 2 A B C D E 3 A B C D E 4 A B C D E 5 A B C D E 6 A B C D E 7 A B C D E 8 A B C D E 9 A B C D E 10 A B C D E 11 A B C D E 12 A B C D E 13 A B C D E 14 A B C D E 15 A B C D E 16 A B C D E 17 A B C D E 18 A B C D E 19 A B C D E 20 A B C D E 21 A B C D E 22 A B C D E 23 A B C D E 24 A B C D E 25 A B C D E 26 A B C D E 27 A B C D E 28 A B C D E 29 A B C D E 30 A B C D E Part A: Multiple-Choice Questions (60 points, students answer MC questions on this question paper) 1. Which statement is correct in regard to a firm expanding its product mix: Downloaded by Minh Trà Võ (vominhtra04@gmail.com) lOMoARcPSD|25960361 A. Expanding the width provides a wider range of choices for a particular product in order to better fulfill current consumers. B. Expanding the width provides the ability to satisfy demands of different consumers, creates a greater sense of loyalty, capitalizes on established reputations and diversify risks C. Expanding the depth in unrelated product categories sometimes lead to loss of reliability if it is extended too far. D. Both B and C 2. For many years, IBM dominated the computer world with their attributes like "big" and "powerful". The introduction of the Mac mini with the BYODKM (Bring your own monitor, keyboard and mouse) marketing campaign was an example of going against the industry leader. What product attributes are mentioned? A. Product quality B. Product features C. Product design D. Product style 3. Amazon has developed a number of brands including AmazonBasics, Amazon essentials, and Pinzon. What brand strategy decisions are mentioned? A. Brand extensions : brand name to new or modified B. Private brand launching C. Co-branding : kết hợp với brand khác (gentle monster&jennie) D. None of above 4. Erica wants to replace her old washing machine with a new one. In order to get the maximum value for her money, she plans to spend substantial time and effort in gathering information and making product comparisons before making the actual purchase. In this instance, Erica is planning to buy a(n) ________ product. A. convenience B. exclusive C. specialty D. shopping Downloaded by Minh Trà Võ (vominhtra04@gmail.com) lOMoARcPSD|25960361 5. A pharmaceutical company in Utah recently released a new and expensive anti-ulcer drug in the market. The company justifies the high price of the drug by claiming that it is highly effective for treating all kinds of ulcers. The company also claims that the new drug will help bring down the need for invasive surgeries, an additional benefit for patients. Which of the following pricing strategies is the pharmaceutical company most likely using in this instance? A. target pricing B. break-even pricing : no profit C. cost-based pricing D. value-based pricing E. markup pricing 6. In a Fish Market, there are more than 15 stores offering the same quality of seafood products. However, none of these stores could charge more than the common price due to the risk of losing sales to other stores. What type of competition exists in this fish market? A. pure competition B. monopolistic competition C. oligopolistic competition D. pure monopoly 7. In the price competition, instead of reducing the price, most companies will adopt _______ to match their competitors: A. cost-based pricing strategies B. value-added strategies C. break-even pricing strategies D. penetration pricing strategies 8. If a large company or corporation as Vietnam Airlines keeps the low-price, low-margin strategy for their flight tickets, what will competitors react to this situation? a. Competitors will compete against VNA by raising the promotion war b. Competitors will not be able to compete against VNA c. Competitors will invest more in their advertising activities Downloaded by Minh Trà Võ (vominhtra04@gmail.com) lOMoARcPSD|25960361 d. Competitors will ask for the support from the government 9. Mount Elizabeth Hospital is one of the famous hospitals in Singapore. The company is looking to establish their business in Vietnam through contractual vertical marketing system, as a franchise organization. Which type of franchise organization Mount Elizabeth Hospital will be belong to if they franchise their business in the new market: A. Service – firm sponsored retailer franchise B. Manufacturer-sponsored service franchise C. Manufacturer- sponsored retailer franchise D. Manufacturer- sponsored wholesaler franchise 10. David and his family business have been supplying potatoes for Lay’s Potato Chips for over five years. Monthly, they will supply Lay’s with new, freshly grown potatoes so that Lays can make potato chips in their manufacture and sell finished products to the markets. David and his family business belong to: A. Business Partner B. Upstream Partner C. Downstream Partner D. Supplying Partner 11. Which of the following products is probably be intensively distributed in Vietnam? A. Canon digital compact camera. B. Levi's jeans C. DoubleMint Gum D. Apple Smart Watch 12. Which of the following products is probably be exclusively distributed in Vietnam? A. Pepsi cans B. PNJ diamond rings C. Cartier diamond bracelets Downloaded by Minh Trà Võ (vominhtra04@gmail.com) lOMoARcPSD|25960361 D. Dior diamond earrings 13. Happy and Select are examples of the Coopmart’s private brands. Because Coopmart doesn’t have to promote its private brands to get them on its own shelves like a “regular” manufacturer would, Happy and Select brands are often priced more cheaply. Moreover, manufacturers often feel slighted when these retailers dedicate more shelf space to their own private brands. What happens between channel members? A. Horizontal Conflict: disagreement among two or more channel members at the same level B. Vertical Conflict: occurs between organizations that work together to provide the same product to the consumer. C. Horizonal Marketing System: kind of distribution marketing channel wherein two or more companies at the same level unrelated to each other come together to gain the economies of scale. D. Distribution Conflict 14. Samsung is introducing consumers to its new product Galaxy Z Flip with the help of an advertisement campaign to introduce the Z Flip on social media and Tiktok Hashtag Challenge. This campaign most likely aims to affect the ________ stage of buyer-readiness. A. Preference B. Liking C. Awareness D. Awareness and Knowledge 15. Integrated marketing communications require a company's mass-market advertisements, Web site, e-mail, and personal selling communications to all have ________. A. the same target audience B. the same message, look, and feel C. separate marketing objectives D. independent communications directors Downloaded by Minh Trà Võ (vominhtra04@gmail.com) lOMoARcPSD|25960361 16. Which of the following advertising slogans most likely represents a twosided argument? A. Good Breakfast is Breakfast with Milo B. Red bull gives you wing C. A diamond is forever D. There are some things money can’t buy. For everything else, there’s Mastercard 17. In efforts of launching new Pepsi product line – the Pepsi Lime Zero, Pepsi has sponsored into “Rap Viet”. If Pepsi Lime Zero targets to young consumers, other than sponsored into popular TV show for youth and aired advertising on TV, what other promotional activities Pepsi should choose to build in their marketing plan: A. Sampling activation in locations popular with youth to encourage for new product trial B. Have the sponsored TV show also aired onto digital platform such as YouTube C. Leverage the images of KOLs (Celebrities) drinking Pepsi Lime Zero to write positive PR articles on Kenh14 and Zing News D. All of the above E. B and C are correct answers 18. Please look into these advertising images below, which type of message appeal is demonstrated through the image: A. Rational B. Emotional C. Moral D. Both A & B 19. Which type of media form in the Advertising that would be great choice for energy brand such as Wake Up 247 – Downloaded by Minh Trà Võ (vominhtra04@gmail.com) lOMoARcPSD|25960361 the brand targets into male with low income who are truck drivers A. Newspaper B. Facebook & YouTube C. Radio D. Television E. Both B & C 20. Between the three brands’ advertising images below, which brand includes the consumer emotional benefits in their message strategy: Downloaded by Minh Trà Võ (vominhtra04@gmail.com) lOMoARcPSD|25960361 Milk Beverage brand – Fami Tooth paste brand – Colgate Shampoo – Head& Shoulders A. Beverage brand – Fami B. Shampoo brand for men – Head & Shoulder C. Tooth paste brand – Colgate D. All three brands Part B: Open Questions (40 points) Question 1. The advertising image below of Pond’s has shown the message of the brand. Downloaded by Minh Trà Võ (vominhtra04@gmail.com) lOMoARcPSD|25960361 (a) What type of message is used in the advertising, rational message or emotional message? Or both of them? Explain your answer (10 points) (b) As a marketing manager, with a premium skincare product targeting to middle to high income modern women, who will be the appropriate and good image to act as the message source and communicate the message from your brand to the target audience? Give the answer for one message source and explain your reason. (10 points) Question 2. (a) How can a company expand its product line? (10 points) (b) Provide an example of how a specific company in Consumer electronic and Home appliances sector applied these strategies to expand its product line. (10 points) Downloaded by Minh Trà Võ (vominhtra04@gmail.com)