Marketing - Business Studies

Descrição

A 10-question quiz on marketing.
diane.ellison42
Quiz por diane.ellison42, atualizado more than 1 year ago Mais Menos
Shubhansh Bharati
Criado por Shubhansh Bharati aproximadamente 9 anos atrás
diane.ellison42
Copiado por diane.ellison42 aproximadamente 9 anos atrás
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Resumo de Recurso

Questão 1

Questão
What is cost-plus pricing?
Responda
  • Estimating how many of the product will be produced, then calculating the total cost or producing this output and finally adding a percentage mark-up for profit.
  • Used when trying to enter a new market.
  • When the product is usually a new invention, or a new development of an old product, and therefore it can be sold on the market at a high price and people will pay this high price because of the novelty factor.

Questão 2

Questão
Market share is the ratio of money a company has compared to its competitors in a market.
Responda
  • True
  • False

Questão 3

Questão
Which of these are different types of promotion?
Responda
  • Gifts
  • Television
  • Competitons
  • Billboards
  • Price reductions

Questão 4

Questão
At what point does market saturation occur?
Responda
  • At the point the curve starts to rise.
  • At the point where the curve is leveled out.
  • At the point where the curve starts to decline.
  • It doesn't.

Questão 5

Questão
"SWOT" stands for Strengths, Weakness, Output, Threats.
Responda
  • True
  • False

Questão 6

Questão
Which of these are products?
Responda
  • Clothes
  • Food
  • Public park
  • Company insurance

Questão 7

Questão
What is marketing?
Responda
  • Advertising, promotion, and selling.
  • Identifying consumer wants, anticipates their future wants and then goes about satisfying them profitably.
  • To find the total cost of production and then calculate the cost per unit to make that cost per unit plus a percentage the price of the unit.

Questão 8

Questão
A steep demand curve of a product means that the product has an inelastic demand curve.
Responda
  • True
  • False

Questão 9

Questão
A market that is a small, usually specialised, segment of a much larger market is called a...
Responda
  • Mass market.
  • Niche market.
  • Money market.

Questão 10

Questão
What are the four "P"s of the marketing mix?
Responda
  • Price
  • Packaging
  • Promotion
  • Place
  • Product
  • Production

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