Business Products Quiz

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| By Byron Byrd

Byron Byrd

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Quizzes Created: 5 | Total Attempts: 91,928

Questions: 20 | Attempts: 2,307 | Updated: Aug 20, 2023

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Are you into business or planning to start one? To test your knowledge, take this quiz based on business products. The quiz includes questions about almost everything related to a product, whether it is packaging, shipping, manufacturing, or anything else. If you believe you know everything about it, just start the quiz, and pick the correct answers. All the best for a perfect score on this quiz! Do share the quiz with others who are involved in business strategies for serving customers.

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Current Version
Aug 20, 2023

Quiz Edited by
ProProfs Editorial Team
Nov 13, 2012

Quiz Created by
Byron Byrd

Business Products Quiz

Which of these is the definition of 'product'?

The total product concept broadly describes a product as a bundle of attributes, creating value for the customer. Specifically, a product can be defined as the core product, expected product, _ product, and _ product.

A clothing company manufactures a range of underwear, singlets, socks, and t-shirts for both men and women. This range is known as the company's

A dairy company manufactures a range of flavored skim milk. This range is known as the company's

Stable products, impulse products, and emergency products are all examples of

The product life cycle has five stages: 1. _, 2. introduction, 3. growth, 4. _, 5. decline.

Sales and profits of your company's product are falling. New products are entering the market, and there seems to be little interest in your current product. Which stage of the product life cycle has your product now reached?

Which of the following describes the awareness stage of the product adoption process?

You are adventurous, interested in new technologies, and a risk taker. With regard to the diffusion of innovations theory, you are a(n)

In terms of the product, most of the differentiating features are part of the ____ product layer of the total product concept.

The creation of products and product attributes that distinguish one product from another is known as

A collection of symbols such as a name, logo, slogan, and design intended to create an image in the customer's mind that differentiates a product from competitors' products is known as the

By legally registering "XXXX" with IP Australia, the brewing company gained legally enforceable rights to the exclusive use of the name. Registration officially makes the name a

Brand assets (e.g., trademarks and patents), stock price analysis, replacement cost, brand attributes, brand loyalty, and willingness-to-pay analysis are all metrics to measure

Products that only indicate the product category and do not promote a specific brand name are known as

Recently, many major retailers such as David Jones have teamed up with financial institutions such as American Express to launch credit cards. This is known as

There are three main types of packaging: primary packaging, secondary packaging, and ____ packaging.

Sometimes a variation or derivative of an existing product can be added to the product line rather than superseding the original product. This is known as a

As products approach the decline phase of the product life cycle, which of the following will not help the product possibly enjoy a new phase of growth?

Business Products Quiz

Which of these is the definition of 'product'?

The total product concept broadly describes a product as a bundle of attributes, creating value for the customer. Specifically, a product can be defined as the core product, expected product, _____ product, and _____ product.

A clothing company manufactures a range of underwear, singlets, socks, and t-shirts for both men and women. This range is known as the company's

A dairy company manufactures a range of flavored skim milk. This range is known as the company's

Stable products, impulse products, and emergency products are all examples of

The product life cycle has five stages: 1. _____, 2. introduction, 3. growth, 4. _____, 5. decline.

Sales and profits of your company's product are falling. New products are entering the market, and there seems to be little interest in your current product. Which stage of the product life cycle has your product now reached?

Which of the following describes the awareness stage of the product adoption process?

You are adventurous, interested in new technologies, and a risk taker. With regard to the diffusion of innovations theory, you are a(n)

In terms of the product, most of the differentiating features are part of the ____ product layer of the total product concept.

The creation of products and product attributes that distinguish one product from another is known as

A collection of symbols such as a name, logo, slogan, and design intended to create an image in the customer's mind that differentiates a product from competitors' products is known as the

By legally registering "XXXX" with IP Australia, the brewing company gained legally enforceable rights to the exclusive use of the name. Registration officially makes the name a

Brand assets (e.g., trademarks and patents), stock price analysis, replacement cost, brand attributes, brand loyalty, and willingness-to-pay analysis are all metrics to measure

Products that only indicate the product category and do not promote a specific brand name are known as

Recently, many major retailers such as David Jones have teamed up with financial institutions such as American Express to launch credit cards. This is known as

There are three main types of packaging: primary packaging, secondary packaging, and ____ packaging.

Sometimes a variation or derivative of an existing product can be added to the product line rather than superseding the original product. This is known as a

As products approach the decline phase of the product life cycle, which of the following will not help the product possibly enjoy a new phase of growth?

The total product concept broadly describes a product as a bundle of attributes, creating value for the customer. Specifically, a product can be defined as the core product, expected product, _ product, and _ product.

The product life cycle has five stages: 1. _, 2. introduction, 3. growth, 4. _, 5. decline.