Quiz: Take The Business Development Assessment Test
10 Questions
| Total Attempts: 2059
(86).jpg "Quiz: Take The Business Development Assessment Test")
With a combination of business and commerce, business development is a process to develop within and between organizations. Take this test to assess your knowledge of business development.
Questions and Answers
- 1.
![The most important criteria in segmenting a business's customers are... - ProProfs]( "The most important criteria in segmenting a business's customers are...")
The most important criteria in segmenting a business's customers are...- A.
Demographics
- B.
It depends
- C.
Psychographics
- D.
Buying criteria and buying behaviour
- 2.
![The most important stakeholder(s) responsible for the successful development of a business is/are... - ProProfs]( "The most important stakeholder(s) responsible for the successful development of a business is/are...")
The most important stakeholder(s) responsible for the successful development of a business is/are...- A.
Owners
- B.
Employees
- C.
A and B
- D.
Neither
- 3.
![“Many people want a car but only a few are able to buy.” This is an example of... - ProProfs]( "“Many people want a car but only a few are able to buy.” This is an example of...")
“Many people want a car but only a few are able to buy.” This is an example of...- A.
Want
- B.
Demand
- C.
Need
- D.
Status
- 4.
![Which of the following human needs are shaped by the culture and individual personality? - ProProfs]( "Which of the following human needs are shaped by the culture and individual personality?")
Which of the following human needs are shaped by the culture and individual personality?- A.
Wants
- B.
Demands
- C.
Needs
- D.
Social needs
- 5.
![What is referred to as a want backed by an ability to pay? - ProProfs]( "What is referred to as a want backed by an ability to pay?")
What is referred to as a want backed by an ability to pay?- A.
Wants
- B.
Demand
- C.
Needs
- D.
Status
- 6.
![The establishment of certain standards or specifications for a product is called... - ProProfs]( "The establishment of certain standards or specifications for a product is called...")
The establishment of certain standards or specifications for a product is called...- A.
Standardization
- B.
Gradation
- C.
Product Control
- D.
Product Development
- 7.
![Which of the following terms is described as testing before launching product? - ProProfs]( "Which of the following terms is described as testing before launching product?")
Which of the following terms is described as testing before launching product?- A.
Acid test
- B.
Concept testing
- C.
Market test
- D.
Test marketing
- 8.
![What is the basic role of promotion in business? - ProProfs]( "What is the basic role of promotion in business?")
What is the basic role of promotion in business?- A.
Communication
- B.
Information
- C.
Interpretation
- D.
Manipulation
- 9.
![The trade of value between two parties shows... - ProProfs]( "The trade of value between two parties shows...")
The trade of value between two parties shows...- A.
Transaction
- B.
Commission
- C.
Need
- D.
Want
- 10.
![The aim of marketing products and services is to.... - ProProfs]( "The aim of marketing products and services is to....")
The aim of marketing products and services is to....- A.
Produce
- B.
Make profit
- C.
Satisfy customer needs
- D.
Sell products
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