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  • 8/2/2019 Lecture 13B

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    Department of Marketing

    MKW1120Marketing Theory and PracticeRevision

    Lecture 13B:

    The ExamCOMMONWEALTH OF AUSTRALIA

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    2Department of Marketing

    What are we examining?Unit Objectives

    The learning goals associated with this unit are to:

    describe the key concepts upon which the practiceof marketing is based

    recognise these concepts in the marketplace and ineveryday life

    discuss the role and influence of marketing in theorganisational environment

    discuss how key marketing concepts can be used inanalysing a range of marketing problems.

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    3Department of Marketing

    Planning for the Exam Exam Structure

    2hr paper, a total of 6 questions

    Sections A & B are compulsory questions

    Section A 40% (spend no more than 48 minutes)

    Section B 20% (spend no more than 24 minutes)

    Section C 40%> 6 questions, you must answer 4 (10% each)

    > Spend no more than 12 minutes on each question

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    4Department of Marketing

    What the exam covers Section A

    Big picture, do you actually know something aboutthe topic marketing and can you relate it to the real

    world this sections spans all the material you havecovered this semester and will require you tointegrate topics

    Section B

    Will focus on a specific topic (theory) and require youto explain the topic (theory) and demonstrate yourunderstanding by illustrating with an example

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    5Department of Marketing

    What the exam covers Section C

    These are specific questions that will be on a singleidea (or theory)

    Do you know the names of things, components of amodel, the definition of a term?

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    6Department of Marketing

    Answering questions Do what the question is asking. If it says list then list!

    Dont describe, explain or discuss if you are not asked to (you will

    run out of time) If you are asked to explain or discuss that indicates to you we

    want a longer, more detailed answer that demonstrates yourknowledge more extensively

    Correct marketing language is important

    Include examples when asked (usually worth between25 50% of the marks)

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    7Department of Marketing

    Answering Questions Read and interpret the question For a Section A question create a set of sub questions that you will

    answer in the essay (this may also be helpful in Section B)

    Use sub headings to denote new emphasis

    Link concepts from different areas of marketing

    For example, pricing with positioning

    Use diagrams or tables

    Use bullet points, underlining and highlighting to identify key points inyour answer

    You are marked on the interpretation of the question, yourunderstanding and correct use of concepts, theories, processes anddefinitions, your integration of concepts in a coherent fashion, yourability to address the specific active words in the question

    describe, explain, compare and contrast, provide examples etc

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    8Department of Marketing

    How long should the answers be? It depends

    On what the question is asking

    How large your handwriting is

    The layout of your answer (diagrams, dot points,tables, etc

    The marks attached to the question> A 40% question would be twice as long as a 20% question

    The depth of your answer

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    9Department of Marketing

    What should I know?

    You should have read all the material in the

    text book linked to the lecture slides. Review the topic objectives and questions

    from the tutorials exercise and be clear andcertain on the theory relevant to these

    questions

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    10Department of Marketing

    The use of examples

    Use real not hypothetical examples

    Explain clearly and directly how the examplerelates to the question. Dont leave it for the

    examiner to guess

    If possible and appropriate use comparativeexamples; low involvement purchases such

    as coke , compared to high involvementpurchases such as a new house

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    11Department of Marketing

    Answering tips Dont take too long on each question and then run

    out of time

    Where possible include relevant examples

    Start where you feel most comfortable: e.g. you canstart with section C

    Make sure each question is written legibly,(Make sure each question is

    written legibly) Make sure you have time to review answers

    ANSWER ALL REQUIRED QUESTIONS

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    12Department of Marketing

    Learning is individual Some people read the entire chapter and

    take notes

    Some answer questions

    Some draw diagrams

    Some put the key theory on large pieces of

    paper and stick them to the wall

    Find which method/s work best for you