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.
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
