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Mgt301 GDB Solution

Wednesday, January 19, 2011 Posted In Edit This
Semester "Fall 2010" 
"Principles of Marketing (MGT301)" 

This is to inform you that Graded Discussion Board (GDB) has been opened according to the following schedule.



Schedule 
Opening Date and Time: 19th January 2011 At 12:01 A.M. (Mid-Night) 
Closing Date and Time: 21st January 2011 At 11:59 P.M. (Mid-Night) 

Note: No extra or bonus/grace period is available for attempting GBD. 


Discussion Question: 

"Nokia starts campaign for their mobile phone and want intensive advertising for acquiring consumer demand. If you are the part of that campaign, then which type of promotion strategy you will suggest to NOKIA?"

...............
SOLUTION:

Push

A "Push" promotional strategy makes use of a company;s sales force and trade promotion activities to create consumer demand for a product.

The producer promotes the product to wholesalers, the wholesalers promote it to retailers and the retailers promote it to consumers.

A good example of "Push" selling is mobile phones, where the major handset manufacturers such as Nokia promote their products via retailers such as Carphone Warehouse. Personal selling and trade promotions are often the most effective promotional tools for companies such as Nokia, for example offering subsidies on the handsets to encourage retailers to sell higher volumes. 

A "Push" strategy tries to sell directly to the consumer, bypassing other distribution channels (e.g. selling insurance or holidays directly). With this type of strategy, consumer promotions and advertising are the most likely promotional tools.

Mgt501 Current Online Quiz

Wednesday, January 19, 2011 Posted In Edit This
Question # 1 of 15 ( Start time: 04:17:18 PM ) Total Marks: 1 
Employee’s compensation comprises of: 
Select correct option: 

High monetary rewards 
Quality rewards requested by employees 
Benefits like medical & transport allowance 
Financial & non-financial rewards 

Question # 2 of 15 ( Start time: 04:18:52 PM ) Total Marks: 1 
Which of the following is NOT a part of Job specification? 
Select correct option: 

Employee's personality traits

Employee's responsibilities

Employee's educational background 
Employee's work experience


Question # 3 of 15 ( Start time: 04:20:05 PM ) Total Marks: 1 
The process by which people acquire skills & abilities required to perform jobs at hand, is known as: 
Select correct option: 

Learning

Training

Development

Need analysis


Question # 4 of 15 ( Start time: 04:21:34 PM ) Total Marks: 1 
Which of the following method includes the exchange of information between organizational member & the applicant through a goal-oriented conversation? 
Select correct option: 

Counseling simulations

Vocational interest test

Role playing

Employment interview


Question # 5 of 15 ( Start time: 04:22:26 PM ) Total Marks: 1 
The physical or psychological condition induced in workers by overwork or overexposure to stress in the workplace, is known as: 
Select correct option: 

Exhaustion 
Burnout 
Collapse 
Fatigue 

Question # 6 of 15 ( Start time: 04:23:52 PM ) Total Marks: 1 
The system designed to solve employees’ physical, mental and emotional problems is known as: 
Select correct option: 

OSHA (Occupational Safety & Health Administration) 
EAP (Employee Assistance Programs) Correct 
ERISA (Employee Retirement Income Security Act) 
PBGC (Pension Benefit Gauranty Corporation) 

Question # 7 of 15 ( Start time: 04:24:36 PM ) Total Marks: 1 
The hiring process comprises which of the following steps? 
Select correct option: 

Selection, Orientation & Development

Job analysis, Selection & Training

Selection, Recruitment & performance appraisals

Recruitment, Selection & Socialization Correct 


Question # 8 of 15 ( Start time: 04:25:36 PM ) Total Marks: 1 
Organizations use on-the-job and off-the-job training methods for its employs development. One of the methods used for on-the-job development is. 
Select correct option: 

Lectures & Seminars

Simulation Correct 

Committee Assignments

Outdoor Training


Question # 9 of 15 ( Start time: 04:27:12 PM ) Total Marks: 1 
Training to the raters of performance appraisal is an important responsibility of: 
Select correct option: 

Top management 
HR department Correct 
Line managers 
Production department 
Question # 10 of 15 ( Start time: 04:28:16 PM ) Total Marks: 1 
Which method of recruitment can serve as a means of determining if applicant possesses some of Basic technology skills or not 
Select correct option: 

Fax 
Cyberspace recruiting 
Paper copy of resume 
None of given option 

Question # 11 of 15 ( Start time: 04:29:43 PM ) Total Marks: 1 
Which method uses Benchmark jobs to compare different jobs to identify its worth? 
Select correct option: 

Factor comparison method 
Ranking method 
Classification method 
All of the given options 

Question # 12 of 15 ( Start time: 04:31:14 PM ) Total Marks: 1 
Evaluation of training program is conducted: 
Select correct option: 

At the initial stage while design a training

Prior to need assessment phase

Parallel to design a training content

At the last stage of training


Question # 13 of 15 ( Start time: 04:32:37 PM ) Total Marks: 1 
Which of the following measures are taken to assess the intensity of employees’ satisfaction and their attitude toward the training program? 
Select correct option: 

Continuous feedback

Profitability rate

Market share

Productivity levels


Question # 14 of 15 ( Start time: 04:33:37 PM ) Total Marks: 1 
The timescale for performance appraisals are usually: 
Select correct option: 

One year 
Biannually 
3 months 
At irregular Intervals 

Question # 15 of 15 ( Start time: 04:35:00 PM ) Total Marks: 1 
Which of the following is part of a manager’s role in an employee’s career development? 
Select correct option: 

Communicating the mission, policies, and procedures 
Utilizing career development opportunities 
Participating in career development discussions 
Establishing goals and career plans

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