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Marketing Unit 1
Quiz by Sydney Paris
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28 questions
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- Q1An emphasis on producing and distributing new products was characteristic of the:Sales EraProduction EraMarketing Department EraMarketing Concept Era30s
- Q2Which of the following is a marketing concept?Inventory managementProfit marginTarget marketEmployee training30s
- Q3Which of the following is a marketing mix element?CompetitionPlaceQualityAdvertising30s
- Q4What is the term used to describe the process of creating, communicating, and delivering value to customers and managing customer relationships in ways that benefit the organization and its stakeholders?Customer serviceAdvertisingSalesMarketing30s
- Q5Which of the following is not a marketing basic?ProductivityPricePromotionProduct30s
- Q6What is the goal of marketing?To manipulate customers into buying productsTo create and deliver value to customersTo increase market share at any costTo maximize profits for the company30s
- Q7What is the 4Ps of marketing?Positioning, Perception, Persistence, Public RelationsProfit, Performance, People, PackagingPlanning, Production, Process, PublicityProduct, Price, Place, Promotion30s
- Q8What is a target market in marketing?The total number of customers a company hasThe process of promoting a new productA specific group of consumers that a company aims to reach with its products or servicesA company's overall revenue and sales goals30s
- Q9What is the difference between marketing and advertising?Marketing and advertising are the same thing and can be used interchangeably.Marketing encompasses all activities to create and deliver value to customers, while advertising is a specific promotional activity to communicate and persuade customers.Marketing is only concerned with sales, while advertising is focused on customer research.Marketing focuses on product development, while advertising focuses on pricing strategies.30s
- Q10Which of the following is not one of the nine functions of marketing?PricingProduct managementHuman resourcesPromotion30s
- Q11Which function of marketing involves determining the best price for a product?PricingProduct managementPromotionDistribution30s
- Q12Which function of marketing involves creating awareness and persuasive messaging for a product?Product managementPromotionPricingSelling30s
- Q13Which function of marketing involves studying consumer needs and preferences?Market researchProduct managementPromotionFinancing30s
- Q14Which function of marketing involves managing the movement and storage of goods from production to consumption?FinancingRisk managementDistributionConsumer behavior30s
- Q15Which function of marketing involves managing the overall strategy and development of a product?PromotionPricingProduct managementSelling30s