
Business Marketing unit 9 level 2 BTEC exam
Quiz by Lee Kennedy
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60 questions
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- Q1Which of the following is a key component of a marketing mix?PersonnelPromotionProductivityProfit30s
- Q2What does SWOT stand for in marketing analysis?Strengths, Weaknesses, Opportunities, ThreatsSupply, Wages, Outputs, TimeframesStyle, Word of mouth, Outreach, TrendsSales, Wealth, Objectives, Targets30s
- Q3Which of the following best describes market segmentation?Eliminating competitionIncreasing the total market sizeDividing a market into smaller groups of consumersCreating a single marketing strategy for all consumers30s
- Q4What is the primary purpose of a brand's value proposition?To communicate the unique benefits of a product or serviceTo increase product sales volumeTo determine the pricing strategyTo identify the target market demographics30s
- Q5What does the term 'target market' refer to?A specific group of consumers at which a product or service is aimedA brief description of a product's featuresAll potential customers regardless of preferencesThe total population of consumers30s
- Q6What does the term 'customer relationship management' (CRM) refer to?The process of closing sales transactionsMethods for increasing product productionWays to reduce marketing costsStrategies for managing a company's interactions with current and potential customers30s
- Q7What is a common method for measuring customer satisfaction?Employee performance evaluationsSales revenue analysisMarket share trackingSurveys and feedback forms30s
- Q8Which of the following is a benefit of digital marketing over traditional marketing?Higher production costsLimited tracking of campaign performanceGuaranteed customer engagementLower cost and broader reach30s
- Q9What is the role of a marketing objective?To eliminate competitionTo define company mission statementsTo increase production efficiencyTo provide clear goals for marketing efforts30s
- Q10What is the significance of the '4 P's' in marketing?They outline employee responsibilitiesThey represent the key elements of a marketing strategyThey describe customer demographicsThey are a set of financial ratios30s
- Q11What is the primary goal of a marketing strategy?To maximize production efficiencyTo increase employee satisfactionTo identify and meet customer needsTo reduce operational costs30s
- Q12Which of the following is a common method of market research?Cutting production costsSurveysIncreasing advertising budgetExpanding product lines30s
- Q13What does the term 'target market' refer to?A specific group of consumers a business aims to reachAll the competitors in an industryThe total sales of a productThe entire population of a country30s
- Q14What is the purpose of a Unique Selling Proposition (USP)?To expand into new marketsTo increase the price of a productTo differentiate a product from its competitorsTo reduce production time30s
- Q15Which element is NOT typically part of the marketing mix (4 Ps)?PricePlacePromotionProduction30s