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50 questions
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  • Q1

    It includes individuals and/or households who purchase products and services for personal consumption.

     Wholesaler

    Intermediaries

    Organizational markets

    Consumer markets

    30s
  • Q2

    Which of the following steps is categorized under Organizational Buying Process?  

    Information search

    Problem recognition

    Determine specifications (general)

    Evaluation of alternatives

    30s
  • Q3

    Which of the following steps is categorized under Consumer Buying Process? 

    purchase decision

    Need recognition

    selection

    search

    30s
  • Q4

    These people suggest purchasing a product.  

    Initiators

    Users

    Influencers  

    Deciders

    30s
  • Q5

    It is defined as the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers and society at large.

    Marketing plan

    Marketing

    Marketing research

    Marketing inputs

    30s
  • Q6

    Which of the following approaches to marketing strategies is more focused on consumers?

    Contemporary

    Traditional

    business

    Market

    30s
  • Q7

    It means the customer is trying to remember only positive things that reinforce their attitudes and beliefs.

    Selective Distortion

    Selective Attention

    Selective Retention

    Selective brand

    30s
  • Q8

    These are individuals and companies who purchase goods and services for some use other than personal consumption.

    Consumer markets         

    Wholesaler

    Intermediaries

    Organizational markets

    30s
  • Q9

    Which among the types of the organizational market is not included in the list?

    Industries

    Reseller

    Government

    Consumer

    30s
  • Q10

    There are 3 types of Organizational Buying Decisions EXCEPT for_______.

    Straight Rebuy

    Modified Rebuy

    New Task

    Middle Rebuy

    30s
  • Q11

    It is the process of dividing the market into homogeneous parts or groups.

    Market positioning

    Market segmentation

    Marketing strategy

    Target market

    30s
  • Q12

    Which is NOT the type of market segmentation?

    cultural

    Behavioral

    psychographic

    Demographic

    30s
  • Q13

    It pertains to where the population is located.

    geographic

    psychographic

    behavioral

    Demographic

    30s
  • Q14

    It pertains to the general characteristics of the population such as age, education, income, family size, race, and more.

    geographic

    psychographic

    Demographic

    behavioral

    30s
  • Q15

    It refers to a group of potential customers to whom a company wants to sell its products and services.

    Market positioning

    Market segmentation

    Target market

    complex market

    30s

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