AIPMM - CPM PRACTICE EXAM 2025
QUESTIONS AND ANSWERS
intangibility
inseparability
variability
perishability - --Answer --Nature and characteristic of a service
Product
Price
Promotion
Place - --Answer --What are the 4 Kotler's Market Strategies?
Intensity of Competitive Rivalry
Threat of New Entrants
Threat of Substitute
Bargaining Power of Customers
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,Bargaining Power of Suppliers - --Answer --What are Porter's 5 forces?
Conceive
Plan
Develop
Qualify
Launch
Deliver
Retire - --Answer --What are the 7 phases of PLC?
Conceive
Plan
Develop
Qualify - --Answer --What are the steps of NPD? (Phases)
Market Penetration - --Answer --What is the strategy for existing
market/existing product? (Ansoff's Growth Matrix)
Product Development - --Answer --What is the strategy for existing
market/new product? (Ansoff's Growth Matrix)
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2
, Market Development - --Answer --What is the strategy for NEW
market/existing product? (Ansoff's Growth Matrix)
Diversification - --Answer --What is the strategy for new market/new
product? (Ansoff's Growth Matrix)
Introduction - --Answer --Market Objective: Gain awareness
Competition: None
Product: One
Price: Skimming/Penetration
Promotion: Educate/Inform
Place: Limited
Growth - --Answer --Market Objective: Stress differentiation
Competition: Growing
Product: More version
Price: Gain market share
Promotion: Competitive differences
Place: more outlets
Maturity - --Answer --Market Objective: Maintain brand loyalty
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 3
QUESTIONS AND ANSWERS
intangibility
inseparability
variability
perishability - --Answer --Nature and characteristic of a service
Product
Price
Promotion
Place - --Answer --What are the 4 Kotler's Market Strategies?
Intensity of Competitive Rivalry
Threat of New Entrants
Threat of Substitute
Bargaining Power of Customers
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
,Bargaining Power of Suppliers - --Answer --What are Porter's 5 forces?
Conceive
Plan
Develop
Qualify
Launch
Deliver
Retire - --Answer --What are the 7 phases of PLC?
Conceive
Plan
Develop
Qualify - --Answer --What are the steps of NPD? (Phases)
Market Penetration - --Answer --What is the strategy for existing
market/existing product? (Ansoff's Growth Matrix)
Product Development - --Answer --What is the strategy for existing
market/new product? (Ansoff's Growth Matrix)
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 2
, Market Development - --Answer --What is the strategy for NEW
market/existing product? (Ansoff's Growth Matrix)
Diversification - --Answer --What is the strategy for new market/new
product? (Ansoff's Growth Matrix)
Introduction - --Answer --Market Objective: Gain awareness
Competition: None
Product: One
Price: Skimming/Penetration
Promotion: Educate/Inform
Place: Limited
Growth - --Answer --Market Objective: Stress differentiation
Competition: Growing
Product: More version
Price: Gain market share
Promotion: Competitive differences
Place: more outlets
Maturity - --Answer --Market Objective: Maintain brand loyalty
....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 3