Question 6
(a)      The government of your country has decided  to ban advertising on television. As                     a student of commerce, state five  reasons this ban should be lifted.
               
      
 (b)     Explain  the following terms as used in marketing:
        (i)      Marketing concept;
        (ii)      Marketing mix;
        (iii)     Market segmentation;
        (iv)     Consumer sovereignty;
        (v)      Product differentiation.
      
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Observation
Most candidates who attempted the question could not relate the part (a) of the question to advantages of television as a medium of advertising. They were able to provide proper responses to part (b) of the question.
The expected responses to the question include:
(a) Reasons for lifting the ban on television advertising
- It is the best form of advertising for demonstrative purposes.
 - It enables the audience to see products and hear explanations about them.
 - It enables viewers to understand the message of the advertisement faster.
 - It enables businesses to market their products locally and internationally.
 - It enables television stations to generate more revenue thereby enabling them to pay workers and taxes.
 - It creates employment.
 
(b) Explanation of the following marketing terms:
- Marketing concept refers to the philosophy that the satisfaction of consumers’ needs and wants is the main reason for the existence and survival of a business.
 - Marketing mix is the combination of variables offered to the market to influence the behaviour of consumers at a particular time.
 - Market segmentation is the division of a market into identifiable submarkets for the purpose of reaching each submarket.
 - Consumer sovereignty is a concept that recognises buyers’ needs, tastes and expectations and emphasises that production of goods and services are geared towards consumers’ satisfaction.
 - Product differentiation is a practice of offering a company’s product in assorted brands to make the product look different from similar products offered by other companies.