Markets and the role of Marketing (36)

Descripción

Revision Quiz
patrick.meyer
Test por patrick.meyer, actualizado hace más de 1 año
patrick.meyer
Creado por patrick.meyer hace más de 10 años
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Resumen del Recurso

Pregunta 1

Pregunta
Markets are a place that allows buyers and sellers to trade goods/services.
Respuesta
  • True
  • False

Pregunta 2

Pregunta
What is Market Share?
Respuesta
  • Section (share) of the total market belonging to a business or product
  • Splitting the market evenly for each business/product

Pregunta 3

Pregunta
Define the process of Marketing
Respuesta
  • Finding customers needs and satisfying them profitably
  • Finding customers needs

Pregunta 4

Pregunta
Which of the following activities does marketing involve?
Respuesta
  • Charging the right price
  • Persuading customers to buy products
  • Understanding the threats from competitors
  • Making products available in convenient locations
  • Designing products that meet customer needs

Pregunta 5

Pregunta
Which of the following activities does marketing involve?
Respuesta
  • Charging the right price
  • Persuading customers to buy products
  • Understanding the threats from competitors
  • Making products available in convenient locations
  • Designing products that meet customer needs

Pregunta 6

Pregunta
Which of the following activities does marketing involve?
Respuesta
  • Charging the right price
  • Persuading customers to buy products
  • Understanding the threats from competitors
  • Making products available in convenient locations
  • Designing products that meet customer needs

Pregunta 7

Pregunta
What does product oriented mean?
Respuesta
  • Businesses that avoid providing services.
  • Business that focus on the quality of their products.

Pregunta 8

Pregunta
Market oriented firms focus on customers and do not make products until they know what the people want.
Respuesta
  • True
  • False

Pregunta 9

Pregunta
The 4Ps of marketing mix include:
Respuesta
  • Profit
  • Public/Private
  • Packaging
  • Price
  • Partnerships
  • Promotion
  • Performance
  • Place
  • Production
  • Product

Pregunta 10

Pregunta
The 4Ps of marketing mix include:
Respuesta
  • Profit
  • Public/Private
  • Packaging
  • Price
  • Partnerships
  • Promotion
  • Performance
  • Place
  • Production
  • Product

Pregunta 11

Pregunta
The 4Ps of marketing mix include:
Respuesta
  • Profit
  • Public/Private
  • Packaging
  • Price
  • Partnerships
  • Promotion
  • Performance
  • Place
  • Production
  • Product
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