100% Thursday, 10th May, 2018 Catering Craft Practice 2 (Essay)** – 09:30 a.m. – 10:20 a.m.

Thursday, 10th May, 2018
Catering Craft Practice 2 (Essay)** – 09:30 a.m. –
10:20 a.m.


Marketing 2 (Essay)** – 09:30am – 11:30am
Marketing 1 (Objective)** – 11:30am – 12:20pm

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Marketing THEORY

THEORY

OBJ

Verified
Cartering OBJ:
1AABBCABDBC
11DBAAAABDAB
21AABCBBCACD
31ACBABADACA

💯 correct MARKETING

IGNORE ANY OTHER OBJ AND USE THIS !!!!

Marketing Obj:
1-10: DBABCABCBB
11-20:BBAACCDAAA
21-30:DABDBABAAC
31-40: ACDCAABABB


WISH U ALL WELL 

NABTEB AND NECO ON POINT


1a)industrial product is a good used by a company for business consumption. It is distinct from a consumable good, which is purchased by individuals for personal and family consumption.

-Example-
i)Natural product
ii)Farm Product

1b.) Consumer goods are products that are purchased for consumption by the average consumer. Alternatively called final goods, consumer goods are the end result of production and manufacturing and are what a consumer will see on the store shelf. Clothing, food and jewelry are all examples of consumer goods. Basic materials such as copper are not considered consumer goods because they must be transformed into usable product….

1c Primary products are natural raw materials that are “extracted” from the land or ocean. They include productsof mining, agriculture, forestry and fisheries

CHOOSE ONLY 2 EXAMPLES PLS

Example :
 oil
water
fish
fruit
crops
wood

No 2



1. Marketing Research
keeps you focused on
your target consumers or
customers.
2. Marketing Research
helps you prioritize, so
you can focus on what
important.
3. Marketing Research
helps you determine
which options will be
most lucrative.
4. Marketing Research
gives you a competitive
advantage.
5. Marketing Research
helps you make better
decisions and reduces risk.
6. Marketing Research
keeps you relevant and

future focused.

(4a) 
Transportation is the  physical carriage or movements of finished products from the place of manufacturing to the place where it would be accessible and available to the largest audience either wholesalers, sales, agent, retailers and ultimately the final consumers. 

(4b) 
-Nearness to market
-Cost advantage
-Nature of the product
-Availabilty
-Handling
-Local conditions

(i) Nearness to market: When the market or the location of the ultimate consumer is very close to the producer, this most often determine the mode of transportation to use. 

(ii) Cost advantage: Marketing firms also consider cost variables as to cheapness of carrying a product. It is a major factor that determines the selling price of a product

(iii) Nature of the product: Perishability, durability, storage, frangibility of the product. It is difficult to transport vehicles, heavy plants or machinery by air. Therefore consideration should be given to heaviness.

(iv) Availability: A choice of transportation may also depend on availability. Some mode of transport are not Available in some area. In that kind of area, the product need to key into the available means of transport by either repackaging goods or by re-modifying the  transporting strategy. 

(v) Handling: Some forms of transport can involve rough handling. For example, products transported by ship may be hauled aboard the vessel in a net or sling, stacked beneath dozens of other goods and subjected to moisture condensation. 


(vi) Local conditions : Take a look at the country you are shipping to. Are there many risks and weaknesses in its transport infrastructure? If the local ports have a bad reputation, or the road network isn't upto standards, You'll need to tailor yout strategy accordingly.

5.) Market Union is an organization whose membership consists of workers and unionleaders, united to protect and promote their common interests. … Also called house union, a company union is often a bogus one and generally illegal.

(6a)
(i) personal capital
(ii) cooperative society
(iii) loan from bank
(iv) loan from friends and family

(6b)
(i) Nearest to the market; this can influence the location of new outlet considering the usefulness of the condemners

(ii) site and land: the availability of land can influence the location of new outlet

(iii) raw materials: the outlet must located close to where the raw materials can accessed easily

(iv) labour; the availability of cheap labourers can influence the location of the outlet. Labourers can be decreased

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