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Exam (elaborations)

WSET DIPLOMA D2 CHAPTER 8 QUESTIONS WITH CORRECT ANSWERS

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WSET DIPLOMA D2 CHAPTER 8 QUESTIONS WITH CORRECT ANSWERS

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WSET DIPLOMA
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WSET DIPLOMA








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Institution
WSET DIPLOMA
Course
WSET DIPLOMA

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Uploaded on
December 20, 2025
Number of pages
4
Written in
2025/2026
Type
Exam (elaborations)
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Questions & answers

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WSET DIPLOMA D2 CHAPTER 8 QUESTIONS
WITH CORRECT ANSWERS 2025/2026


What Kis KMarketing? K- KCORRECT KANSWER K-
the Kmanagement Kprocess Kresonsbile Kfor Kindentifying, Kanticipating Kand Ksatisfying Kconsumer
Krequirements Kprofitably




Define, Kin Kmarketing Kspeak, Kthe Kexperience Kwine Kshould Kbring K- KCORRECT KANSWER K-

Social KStatus KOwnership Kof Ksomething Kperceived Kas Kvaluable

Return Kon Kinvested Kcapital

Or, KHow Kthe KProduct Kcan KGive Kthe KConsumer Kthe KExperience KThey Kare KLooking KFor



How Kdoes Ka Kmarketing Kcampaign Kcreate Kprofits/ K- KCORRECT KANSWER K-
attracts Knew Kconsumers; Kgets KexistingBcustomers Kto Kbuy Kmore K= Kthrough Kvolume Kincreases

sell Kconsumers Kon Kspending Kmore K$$ Kon Kthis Kproduct Krather Kthan Kits Klower Kpriced
Kcompetitor K= KValue Kinc Kreases




5 Kstages Kof Ka Kmarketing Kstrategy: K- KCORRECT KANSWER K-Identify Kproduct/brand Kto Kbe

Kmarketed KIdentify Ktarget Kmarket

set Kstrategy Kobjective

devise Kmarketing Kstrategy K(mix)

implementation Kand Kmonitoring Kof Kstrategy



SWOT Kanalysis K- KCORRECT KANSWER K-
identifying Kinternal Kstrengths K(S) Kand Kweaknesses K(W) Kand Kalso Kexamining Kexternal
Kopportunities K(O) Kand Kthreats K(T)




What Kis Kdiscovered Kvia KSWOT Kanalysis K- KCORRECT
KANSWER K- Kis Kthere Kan Korganizational Kstrategic Kfit
Kfor Ka Kgiven Kobjective?

if Kthere Kare Kmismatches Kwhat Kchanges Kin Kinvestment Kof Kresources Kand Kcapabilities Kcan
Kbe Kmade Kto Kachiev Ke Ka Kbetter Kfit?

how Kcan Kthreat Krisks Kbe Kmanaged?

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