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Question 1
[10)
Fill in the following missing terms
........................A product is anything that can be offered to satisfy a need or a want.
(2 Marks)
.......................i.s the difference between the benefits that the customer gains from owning and/or
using a product and the costs of obtaining it.
(2 Marks)
.......................a. re based on past buying experiences, the opinions of friends and market
information.
(2 Marks)
.......................t.his is determined by how well the product meets the customers expectations for
that product.
(2 Marks)
........................is building strong economic relationships between with social ties by following
through on promises
(2 Marks)
Question 2
[25)
2.1 Explain the term market.
(1 Marks)
2.2 Identify and explain the four (7) characteristics of service marketing in Hospitality and Tourism
(14 Marks)
2.3 The Gaps Model is a framework that helps us understand customer satisfaction. The model identifies
the five major satisfaction gaps that organizations must address when seeking to meet customers'
expectations. Identify and explain with examples the five (5) gaps that exist in customer satisfaction.
(10 Marks)
21Pagc