Quiz: Questions On Classification Of Products!
The below quiz is about the classification of products! Businesses thrive by being able to produce products that customers need depending on the market they operate in, and finding the right product is a very important thing to any business. Take up this quiz and get to see the different products businesses produce in the markets today and how they are classified.
- 1.Which of the following describes the definition of a core product?
- A.
Main reason for existance & purchase, mostly functional or phychological reasons
- B.
Design specification & product features
- C.
Add-on extra's, not a part of the original product
- 2.Which of the following describes the parts of an augmented product?
- A.
Parts of the product which are new ways of differentiating itself in the market are part of the augmented product.
- B.
Types of branding & packaging are considered to belong to the augmented product.
- C.
Things that differ per retailer, are add-on extra's & not a part of the original product are considered part of the augmented product.
- 3.Which of the following describes the definition of a potential product?
- A.
Acknowledges dynamic & strategic nature of the product, what product could or should be.
- B.
Product features & design specification
- C.
Add-on extra's
- 4.Which of the following describes the definition of a tangible product?
- A.
Add-on extra's, not a part of the original product
- B.
Design specification, product features, branding, packaging.
- C.
Main reason for existance & purchase, mostly functional or phychological reasons.
- 5.Sunglasses: tangible product:
- A.
Eye protection, better view
- B.
Next model, innovations
- C.
Design, colors, brands
- 6.Toothbrush: augmented product:
- A.
Design, colors, different brushes
- B.
Cleaning your teeth
- C.
Guarantee (after-sale service)
Questions: 52 | Attempts: 7060 | Last updated: Feb 22, 2019
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