MARKETING
KURT S. THOMSON AWARD

Marketing provides members with the opportunity to gain knowledge around marketing. This competitive event consists of an objective test and a role play scenario.

 

Event Overview

Division: High School
Event Type: Team of 1, 2 or 3 members
Event Category: Role Play Event
Event Elements: Objective Test and Role Play
Objective Test Time: 50 minutes
Role Play Time: 20-minute preparation time, 7-minute presentation time
NACE Connections: Career & Self-Development, Communication, Leadership, Professionalism, Teamwork

 

Equipment Provided by Competitors: Pencil for objective test and role play

Equipment Provided by FBLA: Two notecards for each competitor and secret problem/scenario for role play

 

Objective Test & Role Play Competencies
·         Basic Marketing Functions
·         Channels of Distribution
·         Legal, Ethical, and Social Aspects of Marketing
·         Promotion and Advertising Media
·         Marketing Information, Research, and Planning
·         E-Commerce
·         Economics
·         Selling and Merchandising

District

Check with your District leadership for District-specific competition information.

State

Eligibility

·         FBLA membership dues are paid by 11:59 pm Eastern Time on December 1 of the current school year.
·         Members may compete in an event at the State Leadership Conference (SLC) more than once if they have not previously placed in the top ten of that event at the National Leadership Conference (NLC). If a member places in the top ten of an event at NLC, they are no longer eligible to compete in that event.
·         Members must be registered for the SLC and pay the state conference registration fee in order to participate in competitive events.
·         Members must stay in an official FBLA hotel in order to compete.
·         Each district may be represented by participant(s) based on the Florida FBLA scaled quota system found on the Florida FBLA website.
·         Each member can only compete in one individual/team event and one chapter event (American Enterprise Project, Community Service Project, Local Chapter Annual Business Report, Partnership with Business Project).
·         Each competitor must compete in all parts of an event for award eligibility.
·         All members of a team must consist of individuals from the same chapter.
·         Competitors cannot be replaced or substituted in between the objective test and role play time.
·         If competitors are late for an objective test, they may be either disqualified or permitted to begin late with no extension of the time as scheduled.
·         Participants must adhere to the Florida FBLA dress code established by the Florida Board of Directors or they will not be permitted to participate in the competitive event.

Recognition

·         The number of competitors will determine the number of winners. The maximum number of winners for each competitive event is 5.

Event Administration

·         This event is two rounds: objective test and role play

·         Objective Test

o   Objective Test Time: 50 minutes
o   Objective Test Questions: 100 questions

o   This event is an objective test administered at the SLC.
o   No reference or study materials may be brought to the testing site.
o   Competitors on a team must test individually, starting within minutes of each other. Individual test scores will be averaged for a team score.

 

·         Interactive Role Play Presentation

o   Preparation Time: 20 minutes
o   Presentation Time: 7 minutes (one-minute warning)
o   Question & Answer: None

o   The top 5 scoring teams will advance to the role play final round.
o   The finalists will be sequestered before the first performance to receive instructions and time assignments.  Twenty (20) minutes before their performance time, individuals will receive the case study.  A team entering sequestering after the first performance has begun will be disqualified.
o   The role play will be a problem or scenario encountered in marketing. The role play will be given to the competitors at the beginning of their assigned preparation time.
o   Two notecards will be provided to each competitor and may be used during event preparation and role play presentation. Information may be written on both sides of the notecards. Notecards will be collected following the role play.
o   No additional reference materials or props or visuals are allowed.
o   If participating as a team, all team members are expected to actively participate in the role play.
o   Role plays are interactive presentations; the judges may ask questions throughout the presentation.
o   Role play presentations are not open to conference attendees.
o   Competition ethics demand that competitors and audience members do not discuss or reveal the role play until the event has ended.

Scoring

·         The team-averaged objective test score determines the top 5 teams advancing to role play round.
·         The role play round scores only will be used to determine winners.
·         Objective test scores will be used to break a tie.
·         Decisions of the judges are final.

Recording of Presentations

·         No unauthorized audio or video recording devices will be allowed in any competitive event.
·         Participants in the events should be aware FBLA reserves the right to record any presentation for use in study or training materials.

Americans with Disabilities Act (ADA)

·         FBLA meets the criteria specified in the Americans with Disabilities Act for all competitors with accommodations submitted through the conference registration system by the registration deadline.

Penalty Points

·         Competitors may be disqualified if they violate the Competitive Event Guidelines or the Honor Code.

Electronic Devices

·         All electronic devices such as cell phones and watches of any type are not allowed during the event.

National

Be sure to see the National guidelines at https://www.fbla.org/divisions/fbla/fbla-competitive-events/


 

Study Guide: Test Competencies and Tasks

A.      Basic Marketing Functions

1.       Analyze the differences between a production-oriented company, a sales-oriented company, and a marketing-oriented company.

2.       Explain the marketing concept and describe the benefits of marketing and their importance.

3.       Explain the functions involved in marketing goods and services.

4.       Identify, explain, compare, and contrast the different types of business ownership (e.g., sole-proprietorship, partnership, corporation, franchise, and licensing).

5.       Identify the elements of the marketing mix (e.g., product, price, place, and promotion) and describe its contribution to successful marketing.

6.       Explain the concept of product mix and describe types of product mix strategies for various product classifications.

7.       Describe the process for new product and service development (e.g., conception, development, and test marketing).

8.       Explain the advantages and disadvantages of extending product lines and of product line diversification.

9.       Examine the legal aspects of product development (e.g., patents, copyrights, and trademarks).

10.   Explain the functions of packaging and why each is important.

11.   Describe the importance of branding, packaging, and labeling.

12.   Describe factors (e.g., features/benefits, price/quality, competition) used by marketers to position product/business.

13.   Identify and explain the factors that influence a product’s price (e.g., cost, quality, competition, and brand loyalty).

14.   Explain how consumer practices (e.g., shoplifting, improper returns, and product liability claims) affect prices.

15.   Explain ways that government regulations/laws affect pricing practices (e.g., price discrimination and collusion).

16.   Describe the influences of supply and demand on pricing and the concept of price elasticity.

B. Channels of Distribution

1.       Explain the concept of distribution and identify the channels of distribution.

2.       Examine direct and indirect channels of distribution (e.g., wholesaler, agent, and broker) and when each is most appropriate to use.

3.       Identify the most efficient means (e.g., cost benefit analysis) for distributing different types of products and services.

4.       Identify shipping and receiving processes.

5.       Explain the transportation systems and services (e.g., motor, rail, water, air) used in distribution.

6.       Explain storing (e.g., cold storage, commodity, bulk) and warehousing options (e.g., distribution centers, public, and private) and procedures to store merchandise until needed.

7.       Describe the methods of handling merchandise and inventory control.

C. Legal, Ethical, and Social Aspects of Marketing

1.       Describe the impact of specific marketing regulations/laws on both domestic and international business.

2.       Identify ethical issues and their impact on marketing.

3.       Describe the ways in which special interest groups (e.g., pressure from government and labor groups) and changing cultural characteristics (e.g., aging population, single-person households, and mobility) influence marketing.

4.       Explain the social responsibility (e.g., environmental issues, ethical decisions, community involvement) of marketing in society.

5.       Discuss the role of federal regulatory agencies (e.g., Food and Drug Administration, Consumer Product Safety Commission, Environmental Protection Agency).

D. Promotion and Advertising Media

1.       Explain the role of promotion as a marketing function and identify the major purpose of advertising.

2.       Identify major promotional activities used in marketing and the benefits of each.

3.       Identify the advantages and disadvantages of each type of advertising and promotional media.  (e.g., radio, television, direct mail, outdoor, and newspaper).

4.       Identify ethical issues (e.g., false and misleading advertising, copyright infringement, and age group discrimination) in marketing.

5.       Identify various forms and purposes of sales promotion (e.g., sweepstakes, coupons, contests, and specialty products).

6.       Explain the concept of promotional mix and identify the elements of the promotional mix (i.e., advertising, publicity, sales promotion, and personal selling).

7.       Explain concept and purpose of visual merchandising, display, and trade shows to communicate with targeted audiences.

E. Marketing Information, Research, and Planning

1.       Identify the reasons for conducting market research.

2.       Explain marketing research methods and procedures.

3.       Identify sources of primary and secondary data.

4.       Identify ways to obtain market data for market research (e.g., surveys, interviews, and observations).

5.       Explain the concept of target markets and market segmentation (e.g., demographics, psychographics, and geography) and describe how it is used.

6.       Explain why a marketing plan is essential and identify the components of a marketing plan.

7.       Describe how marketing information is used in business decisions.

F. E-Commerce

1.       Identify ways that technology including the Internet impacts marketing.

2.       Explain the impact of the Internet on marketing.

3.       Identify online shopping techniques for sales and purchasing.

4.       Discuss the role e-commerce will play in the marketing of goods and services.

5.       Explain considerations in Web site pricing.

6.       Explain how a Web site presence can be used to promote a business or product.

G. Economics

1.       Analyze the impact of changing economic conditions on marketing strategies.

2.       Explain the concept of competition and describe ways competition affects marketing decisions.

3.       Distinguish between consumer and capital economic goods and services.

4.       Explain the concept and characteristics of private/free enterprise.

5.       Explain the concept of profit in private enterprise and identify factors (e.g., economics, human, and nature) affecting a business’ profit.

6.       Explain the concept of economic resources (e.g., land, labor, capital, and entrepreneurship).

7.       Explain the principles of supply and demand.

8.       Compare and contrast the types of economic systems (e.g., capitalism, socialism, and communism).

9.       Identify and examine economic indicators and business cycles (e.g., GDP, GNP, and Consumer Price Index).

10.   Explain the concepts of scarcity and elasticity of demand.

11.   Discuss balance of trade, trade barriers, and concepts of tariffs.

12.   Describe the importance of marketing in a global economy.

H. Selling and Merchandising

1.       Describe the purpose and importance of selling.

2.       Describe the concepts and techniques used in selling and explain the steps in the selling process.

3.       Demonstrate the ability to translate product knowledge/customer service information into customer benefits.

4.       Explain the factors that influence customer buying motives and decisions.

5.       Explore the ethical issues involved in selling (e.g., high pressure sales and misrepresenting product information).

6.       Examine the role of salespersons in building customer relationships.

7.       Demonstrate completing the sales transaction, including method of payment, and counting back change; the proper way to fold, wrap, and bag merchandise after a sale; and thanking customers and inviting them to return.

8.       Apply appropriate methods of handling customer inquiries, complaints, or difficult situations.

9.       Identify consumer protection agencies (e.g., FTC, Better Business Bureau, and Consumer Product Safety Commission) and explain their services.

10.   Identify examples of service extensions (e.g., product warranty, technical support, or service contract).