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LEARNING by ASKING
BETTER Questions
                    Innovative Way of
                        Preparing for
           the Midterm Concept Exam



 Prof. Remigio Joseph A. De Ungria Jr., MBA
    Ateneo Graduate School of Business
Overview
4 Steps to Learning Better

1.   Appreciate Why
2.   Learn How
3.   What to Do
4.   Samples of Improved Questions




                                     2
1. Why?
Objective is enhanced learning!

1.   Review basic marketing concepts for
     all 22 chapters of the Kotler textbook.
2.   Build on work already done by peers
3.   Score well in midterm exams
4.   Learn by improving on what is
     available


                                          3
2. How?

   Use class resources
Improve on marketing concepts & questions developed
   by your classmates
     Each student is assigned 1 chapter to specialize in
     Each student has created 10 questions & concepts on that
      chapter (Be sure that you have sent your assigned chapter
      questions and concepts to vcoach.share@gmail.com.
      Access your peers’ submissions using the password to this
      gmail account.)
     Your task: Improve on 20 student questions following the
      attached format (1 question per chapter for 20 of 22
      chapters of the Kotler book). You cannot improve on your
      own chapter or your own question.

                                                                  4
2. How to submit?

     Be sure to submit on-time
1.   Send completed assignment via email to
     vcoach.serves@gmail.com
2.   Embed in your blog.
3.   Post link on appropriate facebook discussion board
4.   Deadlines are posted on the class blog on FB.
3. What to Do?

Create 20 questions in
total (1 question each from 20 chapters)
For 20 chapter submissions by your peers
1.  Choose 1 Question, Concept & Answer series from
    each chapter
2.  Improve on the Question & Answer
3.  Follow this sequence for each of 20 questions
      Original Question with Answer
      Your Improved Question
      Original Concept posted by your peer (maybe
       more than 1 slide)
      Your Improved Answer
4. What Questions to Improve on?

Great questions teach!
 Create 20 “improved” questions that are:
 1. Relevant & interesting
 2. Have 5 answer choices that may be “possible
    answers”
 3. When answered, provides a learning experience
 4. Answerable based on understanding of the concept
    rather than memorization
2 Samples of
    Improved
Concept Questions


  From Chapter 1
  From Chapter 2
TOP 10 Learning Questions for


 Chapter 1: Defining Marketing Keep
                              Original
     for the 21 st Century
                               Author
                                   (Ria)/ Add
                                   your name
                                    (Bong) to
     Ria Abendan/ Bong De Ungria    show you
              April 2011           are merely
                                   improving
                                    on peer’s
                                      work
1. Marketing Management involves
     ________, __________ & _________ superior
     customer value.

A.   Developing, influencing &
     communicating
B.   Creating, influencing & communicating
C.   Creating, communicating & delivering
D.   Influencing, communicating &       Original
     delivering                        Question
                                         with
E.   None of the above                  Answer
                                       Indicated
1. Marketing Management involves
     ________, __________ & _________ superior
     customer value.

A.   Communicating, creating & delivering
B.   Capturing, communicating & delivering
C.   Creating, communicating & delivering
D.   Customizing, communicating &
     delivering                       Improved
                                       Question
E.   None of the above                   Only
Original
                                          Concept

What is Marketing?
Marketing Management

• The art and science of:                       C
   • Choosing target markets
                                                C
   • Getting, keeping, and growing customers
                                                D
                                               VALUE
   • Creating, Communicating, and
     Delivering superior customer VALUE
1. Marketing Management involves
     ________, __________ & _________ superior
     customer value.

A.   Communicating, creating & delivering
B.   Capturing, communicating & delivering
C.   Creating, communicating & delivering
D.   Customizing, communicating &
     delivering                       Improved
                                       Question
E.   None of the above                   with
                                         Answer
                                        Indicated
10 Questions

Chapter 2: Developing Marketing
     Strategies and Plans



    Steven Michael Y. Andrada/
         Bong De Ungria
          April 15, 2011


      www.stevenandrada.blogspot.com
2. What part of the core business process
that defines the target markets &
prospecting for new customers

 A.   Market sensing
 B.   New offering realization
 C.   Customer acquisition
 D.   Customer relationship management
                                    Original
 E.   Fulfillment management       Confusing
                                               Question
                                                with
                                               WRONG
                                               Answer
                                              Indicated
             www.stevenandrada.blogspot.com
2. What core business process defines
target markets & prospects for new
customers

A.   Market sensing
B.   New offering realization
C.   Customer acquisition
D.   Customer relationship management
E.   Fulfillment management       Improved
                                  Question
                                            Only




           www.stevenandrada.blogspot.com
Notice how the original concepts
done by a peer could benefit from
minor reformatting
Professor’s Note 1:
Minor reformats only

   It is not the objective of this
    assignment to require students to
    create entirely new concept slides
   Do minor reformatting only, if this will
    help in explaining the concept.
   See the reformatted concept slides that
    follow and compare vs. original slides
5 Core Business Processes


  Market     New-offering      Customer
  Sensing     realization      acquisition

       Customer
                       Fulfillment
      relationship
                      Management
      management                         Original Concept
                                            with Minor
                                              Format
                                          Improvements

        www.stevenandrada.blogspot.com
Gather market intelligence
1st of 5 Core Business Processes
     Market     New-offering      Customer
     Sensing     realization      acquisition

          Customer
                          Fulfillment
         relationship
                         Management
         management                         Original Concept
                                               with Minor
                                                 Format
                                             Improvements

           www.stevenandrada.blogspot.com
Research, develop & launch a
new product
2nd of 5 Core Business Processes
     New-
                New-offering      Customer
    offering     realization      acquisition
  realization
         Customer
                          Fulfillment
        relationship
                         Management
        management                          Original Concept
                                               with Minor
                                                 Format
                                             Improvements

           www.stevenandrada.blogspot.com
Define target markets & prospect
 for new customers
3rd of 5 Core Business Processeses
    Customer      New-offering      Customer
    acquisition    realization      acquisition

           Customer
                            Fulfillment
          relationship
                           Management
          management                          Original Concept
                                                 with Minor
                                                   Format
                                               Improvements

             www.stevenandrada.blogspot.com
Build deeper understanding,
    relationship & offerings
   4th of 5 Core Business Processes
       Customer                       Customer
                     New-offering
      relationship
                      realization     acquisition
      management

              Customer
                              Fulfillment
             relationship
                             Management
             management                         Original Concept
                                                   with Minor
                                                     Format
                                                 Improvements

               www.stevenandrada.blogspot.com
Receive & approve orders, ship
goods & collect payments

5th of 5 Core Business Processes
     Fulfillment   New-offering     Customer
    Management      realization     acquisition

            Customer
                            Fulfillment
           relationship
                           Management
           management                         Original Concept
                                                 with Minor
                                                   Format
                                               Improvements

             www.stevenandrada.blogspot.com
2. What core business process defines
target markets & prospects for new
customers

A.   Market sensing
B.   New offering realization
C.   Customer acquisition
D.   Customer relationship management
E.   Fulfillment management       Improved
                                  Question
                                              with
                                             Answer
                                            Indicated


           www.stevenandrada.blogspot.com
Professor’s Note 2:
Reviewing for midterms
75% - 100% of the questions for the midterm exam will
  be taken from the improved questions submitted by
  all the students in this class.

Do you need to review the improved questions of all
  your classmates? No. Submitting this assignment is
  already sufficient preparation for the midterms. This
  assignment already requires your review of 22
  chapters. But if you also review the improved
  questions by your peers, your chances of a better
  midterm grade is higher!
Summary
4 Steps to Learning Better

1.   Why? This is for You!
2.   How? Easy, Use your Peer’s work
3.   What to Do:
        Create 20 Improved Questions
        If needed, reformat concept slides
4.   2 Samples of Improved Questions
LEARNING by ASKING
BETTER Questions
                    Innovative Way of
                        Preparing for
           the Midterm Concept Exam



 Prof. Remigio Joseph A. De Ungria Jr., MBA
    Ateneo Graduate School of Business

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Learning Marketing by Asking Better Questions

  • 1. LEARNING by ASKING BETTER Questions Innovative Way of Preparing for the Midterm Concept Exam Prof. Remigio Joseph A. De Ungria Jr., MBA Ateneo Graduate School of Business
  • 2. Overview 4 Steps to Learning Better 1. Appreciate Why 2. Learn How 3. What to Do 4. Samples of Improved Questions 2
  • 3. 1. Why? Objective is enhanced learning! 1. Review basic marketing concepts for all 22 chapters of the Kotler textbook. 2. Build on work already done by peers 3. Score well in midterm exams 4. Learn by improving on what is available 3
  • 4. 2. How? Use class resources Improve on marketing concepts & questions developed by your classmates  Each student is assigned 1 chapter to specialize in  Each student has created 10 questions & concepts on that chapter (Be sure that you have sent your assigned chapter questions and concepts to vcoach.share@gmail.com. Access your peers’ submissions using the password to this gmail account.)  Your task: Improve on 20 student questions following the attached format (1 question per chapter for 20 of 22 chapters of the Kotler book). You cannot improve on your own chapter or your own question. 4
  • 5. 2. How to submit? Be sure to submit on-time 1. Send completed assignment via email to vcoach.serves@gmail.com 2. Embed in your blog. 3. Post link on appropriate facebook discussion board 4. Deadlines are posted on the class blog on FB.
  • 6. 3. What to Do? Create 20 questions in total (1 question each from 20 chapters) For 20 chapter submissions by your peers 1. Choose 1 Question, Concept & Answer series from each chapter 2. Improve on the Question & Answer 3. Follow this sequence for each of 20 questions  Original Question with Answer  Your Improved Question  Original Concept posted by your peer (maybe more than 1 slide)  Your Improved Answer
  • 7. 4. What Questions to Improve on? Great questions teach! Create 20 “improved” questions that are: 1. Relevant & interesting 2. Have 5 answer choices that may be “possible answers” 3. When answered, provides a learning experience 4. Answerable based on understanding of the concept rather than memorization
  • 8. 2 Samples of Improved Concept Questions From Chapter 1 From Chapter 2
  • 9. TOP 10 Learning Questions for Chapter 1: Defining Marketing Keep Original for the 21 st Century Author (Ria)/ Add your name (Bong) to Ria Abendan/ Bong De Ungria show you April 2011 are merely improving on peer’s work
  • 10. 1. Marketing Management involves ________, __________ & _________ superior customer value. A. Developing, influencing & communicating B. Creating, influencing & communicating C. Creating, communicating & delivering D. Influencing, communicating & Original delivering Question with E. None of the above Answer Indicated
  • 11. 1. Marketing Management involves ________, __________ & _________ superior customer value. A. Communicating, creating & delivering B. Capturing, communicating & delivering C. Creating, communicating & delivering D. Customizing, communicating & delivering Improved Question E. None of the above Only
  • 12. Original Concept What is Marketing? Marketing Management • The art and science of: C • Choosing target markets C • Getting, keeping, and growing customers D VALUE • Creating, Communicating, and Delivering superior customer VALUE
  • 13. 1. Marketing Management involves ________, __________ & _________ superior customer value. A. Communicating, creating & delivering B. Capturing, communicating & delivering C. Creating, communicating & delivering D. Customizing, communicating & delivering Improved Question E. None of the above with Answer Indicated
  • 14. 10 Questions Chapter 2: Developing Marketing Strategies and Plans Steven Michael Y. Andrada/ Bong De Ungria April 15, 2011 www.stevenandrada.blogspot.com
  • 15. 2. What part of the core business process that defines the target markets & prospecting for new customers A. Market sensing B. New offering realization C. Customer acquisition D. Customer relationship management Original E. Fulfillment management Confusing Question with WRONG Answer Indicated www.stevenandrada.blogspot.com
  • 16. 2. What core business process defines target markets & prospects for new customers A. Market sensing B. New offering realization C. Customer acquisition D. Customer relationship management E. Fulfillment management Improved Question Only www.stevenandrada.blogspot.com
  • 17. Notice how the original concepts done by a peer could benefit from minor reformatting
  • 18. Professor’s Note 1: Minor reformats only  It is not the objective of this assignment to require students to create entirely new concept slides  Do minor reformatting only, if this will help in explaining the concept.  See the reformatted concept slides that follow and compare vs. original slides
  • 19. 5 Core Business Processes Market New-offering Customer Sensing realization acquisition Customer Fulfillment relationship Management management Original Concept with Minor Format Improvements www.stevenandrada.blogspot.com
  • 20. Gather market intelligence 1st of 5 Core Business Processes Market New-offering Customer Sensing realization acquisition Customer Fulfillment relationship Management management Original Concept with Minor Format Improvements www.stevenandrada.blogspot.com
  • 21. Research, develop & launch a new product 2nd of 5 Core Business Processes New- New-offering Customer offering realization acquisition realization Customer Fulfillment relationship Management management Original Concept with Minor Format Improvements www.stevenandrada.blogspot.com
  • 22. Define target markets & prospect for new customers 3rd of 5 Core Business Processeses Customer New-offering Customer acquisition realization acquisition Customer Fulfillment relationship Management management Original Concept with Minor Format Improvements www.stevenandrada.blogspot.com
  • 23. Build deeper understanding, relationship & offerings  4th of 5 Core Business Processes Customer Customer New-offering relationship realization acquisition management Customer Fulfillment relationship Management management Original Concept with Minor Format Improvements www.stevenandrada.blogspot.com
  • 24. Receive & approve orders, ship goods & collect payments 5th of 5 Core Business Processes Fulfillment New-offering Customer Management realization acquisition Customer Fulfillment relationship Management management Original Concept with Minor Format Improvements www.stevenandrada.blogspot.com
  • 25. 2. What core business process defines target markets & prospects for new customers A. Market sensing B. New offering realization C. Customer acquisition D. Customer relationship management E. Fulfillment management Improved Question with Answer Indicated www.stevenandrada.blogspot.com
  • 26. Professor’s Note 2: Reviewing for midterms 75% - 100% of the questions for the midterm exam will be taken from the improved questions submitted by all the students in this class. Do you need to review the improved questions of all your classmates? No. Submitting this assignment is already sufficient preparation for the midterms. This assignment already requires your review of 22 chapters. But if you also review the improved questions by your peers, your chances of a better midterm grade is higher!
  • 27. Summary 4 Steps to Learning Better 1. Why? This is for You! 2. How? Easy, Use your Peer’s work 3. What to Do:  Create 20 Improved Questions  If needed, reformat concept slides 4. 2 Samples of Improved Questions
  • 28. LEARNING by ASKING BETTER Questions Innovative Way of Preparing for the Midterm Concept Exam Prof. Remigio Joseph A. De Ungria Jr., MBA Ateneo Graduate School of Business