
Midterm in Marketing
Quiz by Esmeralda Zulueta
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50 questions
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- Q1Which of the following is not an example of demographic variables?
age
personalitygendernationality30s - Q2It is the stage in which a company or firm selects the segments to whom it sells its products or services.market targetingmarket differentiationmarket positioningmarket segmentation30s
- Q3It is a process in which companies or firms identify their particular target markets.market positioningmarket differentiationmarket targetingmarket segmentation30s
- Q4Which of the following best describe features-based positioning?Calla is position as a more effective and cheaper detergent brand compared to Tide.Magic Sarap focuses on how it can be used for various types of dishes.Post it note pads are advertised for their special adhesive features which makes them stick to a surface for a long time.Clear shampoo is being used and marketed as a product for young consumers wanting to have dandruff-free hair.30s
- Q5It is the stage where a larger target market is broken down into smaller groups of customers with similar characteristics and interestsmarket targetingmarket positioningmarket segmentationmarket differentiation30s
- Q6Which of the following best describes undifferentiated marketing?Companies sell a wide variety of products or products with highly generalized featuresCompanies make sure their products cater to the needs of particular segments in the consumer market.Companies tailor its products or services to only one specific segmentNone of the above30s
- Q7These variables are used for dividing the consumer markets according to the product usage of consumers and their attitude towards the brand.geographicpsychographicdemographicbehavioristic30s
- Q8It is defined as the general plan of action aligned with the company’s vision and goals.tactical marketingstrategic marketingtraditional marketingtransactional marketing30s
- Q9It is sum of all the internal and external forces that affect the way a firm operates, particularly its ability to build and maintain relationships with its target. customersmacroenvironmentcompetitive environmentmarketing environmentmicroenvironment30s
- Q10In this kind of market positioning, marketers sell their products or services according to the cultural practices or values that their target markets subscribe to.lifestyle positioninguser-based positioningfeatures-based positioninghead-on competitive positioning30s
- Q11It occurs when people decide to satisfy their needs and wants through exchange relationships.exchangingmarketingbuyingselling30s
- Q12It is the mistake of paying more attention to the specific products a company offers than to the benefits and experiences produced by these products.marketing hyperopiamarketing urbiamarketing myopiamarketing phobia30s
- Q13These are some combination of products, services, information, or experiences offered to a market to satisfy a need or want.market offspringmarket offeringsmarket groupingsmarket gatherings30s
- Q14Which of the following statements best describes brand awareness?Brand awareness is building and maintaining lasting relationships with customers.Brand awareness is the extent to which a brand is recognized by potential customers and is correctly associated with a particular product or service.Brand awareness is a technique that uses the expertise of people who can provide the best answers to customers’ most challenging questions about the product or service.Brand awareness is evident when customers feel guilty about switching to another brand.30s
- Q15These types of customers are not loyal to a specific brand because they keep on looking for the best deals which may lead to patronizing other brands.strangersbutterfliestrue friendsfreeloaders30s