7th Grade Business Activities Final Exam

The element of marketing that is concerned with which products a business will offer its customers is:

• promotion
• product
• price
• place 

The process of determining what to charge for the product or service.

• price
• pricing
• promotion
• product

The marketing mix is also referred to as the:

• Seven Functions
• 4 Ps of marketing
• Place
• 5 utilities

Communication used to inform, persuade, and remind customers about a business’s product is part of which function?

• product
• price
• place
• promotion

Harris Teeter’s distribution center is located in Indian Trial, North Carolina. Which marketing mix is being represented?

• product
• price
• place
• promotion

A local florist chooses to locate her new store in a mall instead of a small building across the street from the mall. This is an example of:

• product
• planning
• price
• place

The decision to use tractor trailers instead of the railway for transportation is related to which marketing mix element?

• product
• price
• place
• promotion

Barnes and Noble began airing 30-second television commercials. This is an example of which marketing mix element?

• product
• price
• place
• promotion

Determining whether or not to sell your product through a wholesaler or a retailer relates to which component of the marketing mix?

• product
• price
• place
• promotion

A system of recording and reporting financial activity is called

• Finance
• Accounting
• audit
• Budger