Marketing is a crucial part of any business. A business or firm totally depends upon marketing. It allows them to sell products or render services to other companies or final consumer. This quiz has been developed to test your knowledge about business marketing concepts. So, let's try out the quiz. All the best!
Place
Ownership
Form
Time
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Mixed economy
Seller’s market
Buyer’s market
Regulated market
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Person
Place
Cause
Idea
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Organization
Event
Place
Cause
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Identify a target market
Develop the right product
Decide how to promote the product
Implement the appropriate distribution system
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Marketing demographic
Target market
Market segment
Product market
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Secondary data
External data
Primary data
A marketing information system
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External; primary
Internal; primary
External; secondary
Internal; secondary
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Company product sales
Company product inventory
Competitor’s sales
Unpaid bills
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Accessing government data is expensive
Government data can become obsolete quickly
Accessing government data is difficult
Government data sources are unreliable
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Internal data
Secondary data
Peripheral data
Primary data
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Focus group
Survey
Observational source
Secondary source
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Psychographic
Geographic
Demographics
End-use
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End-use
Geography
Product-related
Demographics
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Perceptions
Attitudes
Family influences
Learned experiences
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Interpersonal determinant
Personal determinant
Buying behaviour
Recognition of a problem or opportunity
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Twice as much
Three times as much
Five times as much
About the same
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Cobranding
Comarketing
A frequency marketing program
An affinity program
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The marketing mix
Packaging
A product
A brand name
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Physical characteristics
Service attributes
Symbolic attributes
Benefits
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Services are products too
Customer service is important, but it isn’t part of a product
Most products combine goods with services
Marketers should focus on buyer solutions and product benefits
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Expense items and capital items
Convenience products and expense items
Convenience products, shopping products, and specialty products
Capital items, convenience items, and specialty products
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Convenience goods
Shopping goods
Specialty goods
Capital goods
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Specialty products
Accessory equipment
Shopping products
Convenience products
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Production and quality control methods
Management information systems
The need to guarantee performance
Promotion, pricing, and distribution needs
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Product mix
Product cluster
Product lifecycle
Distribution strategy
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Product line
Product cluster
Product mix
Distribution strategy
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Introductory stage
Maturity stage
Decline stage
Growth stage
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Product development strategy
Market penetration strategy
Market development strategy
Product diversification strategy
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A market development strategy
A product development strategy
A market penetration strategy
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Patent
Copyright
Trademark
Royalty
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Private branding
Family branding
Generic branding
Individual branding
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Is easy to pronounce, recognize, and remember
Is a family surname
Accurately describes the products it names
Accurately describes the products it names
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Would be too long
Would be difficult to spell
Would be too difficult to pronounce
Would contain generic words
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Brand awareness
Brand insistence
Brand preference
Brand recognition
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Image goals and status quo pricing
Supply and demand
Profit maximization and market share
Sales maximization and market share
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Prices have little effect on consumer preferences
Prices help consumers make allocation decisions
Prices have little effect on the overall economic system
There is little relationship between price and quality
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Price divided by number of units sold
Variables costs minus fixed costs
Total variable costs and total fixed costs
Total sales minus expenses
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Variable costs
Recoverable costs
Labor costs
Overhead costs
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It will fall
It will rise
It will remain the same
Insufficient information given to answer the question
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Skimming pricing
Psychological pricing
Product line pricing
Penetration pricing
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Quiz Review Timeline (Updated): Mar 20, 2022 +
Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.
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