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Principles of Marketing

Principles of Marketing Exam Info

The Principles of Marketing exam covers material that is usually taught in a one-semester introductory course in marketing. Such a course is usually known as Basic Marketing, Introduction to Marketing, Fundamentals of Marketing, Marketing, or Marketing Principles. The exam is concerned with the role of marketing in society and within a company, understanding consumer and organizational markets, marketing strategy planning, the marketing mix, marketing institutions, and other selected topics, such as international marketing, ethics, marketing research, marketing services, and not-for-profit marketing. The test taker is also expected to have a basic knowledge of the economic, demographic, social/cultural, political/legal, and technological trends that are important to marketing.

50Recommended Score for Credit
3Semester Hours

Knowledge and Skills Required

Role of Marketing in Society8%

  • Ethics
  • Nonprofit marketing
  • International marketing

Role of Marketing in an Organization17%

  • Marketing concept
  • Marketing strategy
  • Marketing environment
  • Marketing decision system
    • Marketing research
    • Marketing information system

Target Marketing22%

  • Consumer behavior
  • Segmentation
  • Positioning
  • Business-to-business markets

Marketing Mix40%

  • Product and service management
  • Branding
  • Pricing policies
  • Distribution channels and logistics
  • Integrated marketing communications/promotion
  • Marketing application in e-commerce
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