GoConqr has a new look! Let us know what you think.

Sign up free

Quiz

Markets and the role of Marketing (36)

patrick.meyer 11 questions

Take the quiz

Questions in this quiz (11)

  1. 1Markets are a place that allows buyers and sellers to trade goods/services.
    1. ATrue
    2. BFalse
  2. 2What is Market Share?
    1. ASection (share) of the total market belonging to a business or product
    2. BSplitting the market evenly for each business/product
  3. 3Define the process of Marketing
    1. AFinding customers needs and satisfying them profitably
    2. BFinding customers needs
  4. 4Which of the following activities does marketing involve?
    1. ACharging the right price
    2. BPersuading customers to buy products
    3. CUnderstanding the threats from competitors
    4. DMaking products available in convenient locations
    5. EDesigning products that meet customer needs
  5. 5Which of the following activities does marketing involve?
    1. ACharging the right price
    2. BPersuading customers to buy products
    3. CUnderstanding the threats from competitors
    4. DMaking products available in convenient locations
    5. EDesigning products that meet customer needs
  6. 6Which of the following activities does marketing involve?
    1. ACharging the right price
    2. BPersuading customers to buy products
    3. CUnderstanding the threats from competitors
    4. DMaking products available in convenient locations
    5. EDesigning products that meet customer needs
  7. 7What does product oriented mean?
    1. ABusinesses that avoid providing services.
    2. BBusiness that focus on the quality of their products.
  8. 8Market oriented firms focus on customers and do not make products until they know what the people want.
    1. ATrue
    2. BFalse
  9. 9The 4Ps of marketing mix include:
    1. AProfit
    2. BPublic/Private
    3. CPackaging
    4. DPrice
    5. EPartnerships
    6. FPromotion
    7. GPerformance
    8. HPlace
    9. IProduction
    10. JProduct
  10. 10The 4Ps of marketing mix include:
    1. AProfit
    2. BPublic/Private
    3. CPackaging
    4. DPrice
    5. EPartnerships
    6. FPromotion
    7. GPerformance
    8. HPlace
    9. IProduction
    10. JProduct

Information

Description
Revision Quiz
Language
English
Views
46
Rating
No ratings yet
Rate this quiz
Rate this quiz

Feedback

What is it about?

What do you think of the new look?

How do you like it?