CORK INSTITUTE OF TECHNOLOGY INSTITIÚID TEICNEOLAÍOCHTA CHORCAÍ Autumn Examinations 2015 Module Title: Introduction to Marketing Module Code: School: MRKT 6004 School of Business Programme Title: Bachelor of Business Studies Bachelor of Business (Honours) in International Business with Language Higher Certificate in Business Studies Bachelor of Business in Business Administration Bachelor of Business (Honours) in Marketing Bachelor of Science in Craft Technology (WOOD) with Business Bachelor of Business in Management (ACCS) Programme Code: BBUSS_7_Y2 / BBUSS_7_Y1 BBUSA_6_Y2 BBUSE_6_Y2 BBADM_7_Y2 BMRKT_8_Y1 ECTWB_7_Y2 BIBLA_8_Y1 BMNGT_7_Y2 External Examiner(s): Internal Examiner(s): Anne Masterson Ms. L. Scannell, Ms. M. McManus, Mr. S Donovan, Ms. O. Murphy O ‘Dwyer, Dr. S. O’ Mahony, Ms. Ann-Marie O Donoghue Instructions: Answer any TWO questions. All questions carry equal marks. Use examples and diagrams where appropriate. Please put your lecturer’s name and your class group on your answer handbook. Duration: 2 Hours Sitting: Autumn 2015 Requirements for this examination: Note to Candidates: Please check the Programme Title and the Module Title to ensure that you have received the correct examination paper. If in doubt please contact an Invigilator. Page 1 of 2 Q1. “The twofold goal of marketing is to attract new customers by promising superior value and to keep and grow current customers by delivering satisfaction”, (Armstrong et al, 2009) Drawing on your knowledge of marketing, explore this statement. Use examples to illustrate your answer where appropriate. (50 marks) Q2. ‘Marketing research is the process of designing, gathering, analysing, and reporting information that may be used to solve a specific marketing problem’ (Burns and Bush, 2006). Discuss the stages involved in the marketing research process. (50 marks) Q3. Competitor analysis is an important part of the strategic planning process. (a) Outline the important roles that it plays in the process. (10 marks) (b) Competitor analysis may be carried out by asking five key questions. Describe these questions and show how the process will benefit a company. (40 marks) (50 marks) Q4. Briefly explain any five of the following terms: a) Market segmentation b) Positioning c) Relationship marketing d) Targeting e) Primary research f) Environmental Scanning (50 marks) Page 2 of 2