
UNIT 2 MARKETING
Quiz by Hamza Hussain
Feel free to use or edit a copy
includes Teacher and Student dashboards
Measure skillsfrom any curriculum
Measure skills
from any curriculum
Tag the questions with any skills you have. Your dashboard will track each student's mastery of each skill.
With a free account, teachers can
- edit the questions
- save a copy for later
- start a class game
- automatically assign follow-up activities based on students’ scores
- assign as homework
- share a link with colleagues
- print as a bubble sheet
66 questions
Show answers
- Q1What is the definition of a target market?The pricing strategy adopted by a company.The number of competitors in a market.A specific group of consumers that a company aims to reach with its products or services.The total market share of a company.30s
- Q2Which of the following factors does NOT influence a target market?The geographic location of the target market.The age and gender of the target audience.The psychographics and behaviors of the target customers.The company's profit margin.30s
- Q3What is the purpose of identifying a target market?To increase overall market share.To focus marketing efforts and resources on a specific group of potential customers.To expand into new geographical areas.To lower production costs.30s
- Q4What is the primary benefit of a well-defined target market?Higher production efficiency.Increased market share.Lower marketing costs.Improved customer satisfaction and loyalty.30s
- Q5What is the purpose of conducting market research for identifying a target market?To determine product pricing.To calculate return on investment.To analyze competitors' strategies.To gather data and insights about potential customers.30s
- Q6What is a key benefit of targeting a niche market?Increased market share.Broader customer reach.Lower production costs.Less competition and higher customer loyalty.30s
- Q7What is the purpose of market segmentation within target marketing?To divide a larger market into smaller, more manageable segments.To lower production costs.To expand the target market size.To diversify product offerings.30s
- Q8Which of the following factors is NOT typically considered when defining a target market?Demographics and psychographics of potential customers.Geographic location and regional preferences.The company's mission statement.Behavioral patterns and purchasing habits.30s
- Q9What is the primary goal of targeting a specific market segment?To reduce competition in the target market.To increase market share by reaching a larger audience.To efficiently allocate resources and maximize return on investment.To lower production costs and maximize profit.30s
- Q10What is the purpose of a target market analysis?To assess the attractiveness and viability of a specific market segment.To estimate the market share of a company.To determine the pricing strategy for a product.To identify potential competitors in the market.30s
- Q11What does the 'O' in SWOT analysis stand for?OpinionsOpportunitiesObjectivityOutcomes30s
- Q12What does the 'T' in SWOT analysis stand for?TacticsTechniquesTarget audienceThreats30s
- Q13What does the 'S' in SWOT analysis stand for?StrategiesSuccessStrengthsSales30s
- Q14What does the 'W' in SWOT analysis stand for?WealthWellnessWeaknessesWins30s
- Q15What is the purpose of a SWOT analysis?To develop marketing strategiesTo analyze employee satisfactionTo assess the internal and external factors that impact an organizationTo calculate financial performance30s