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AIPMM CPM CERTIFICATION QUESTIONS WITH COMPLETE ANSWERS

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AIPMM CPM CERTIFICATION QUESTIONS WITH COMPLETE ANSWERS

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1. Core - benefit
2. Actual - Product appearance - design, brand, packaging, quality, functionality
3. Extended product - Payment terms, delivery, warranty, Maintenance & care, on site
service, education/training


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Levels of a product

,Product, Price, Place, Promotion


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4 P's of Marketing




political, economic, social, and technological




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PEST analysis




A good or service offered by an organization which affords a bundle of benefits both
objective (physical) and subjective (image) to a user


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Product




Rented goods services, owned-goods services, non-goods services; shared services
(consolidated and shared services by different units within an organization - finance,
HR, security)


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, Service Goods




"Stepped" price levels create an association of different quality levels


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product line pricing




strengths, weaknesses, opportunities, threats




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SWOT analysis




a method of setting prices based on customer perceptions of value


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value-based pricing

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February 17, 2025
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