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Marketing Test

Business

University

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Marketing Test
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28 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is customer value?

value of a consumer to businesses

the value a customer receives when they use a good or service

Delivery of value to customers at a profit

2.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

In customer value what are perceived benefits?

Product Benefits

Profit Benefits

Service Benefits

Image Benefits

Customer benefits

3.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What is perceived sacrifice of customer value

Monetary costs

Time Costs

Energy Costs

Psychological Costs

Labour costs

4.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

Key Components of Marketing concepts?

Customer Orientation

Producer Benefits

Integrated Effort

Goal Achievement

Management process

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is the definition of marketing concept?

Something companies should do to secure effective and efficient success.

A philosophical approach for doing business

achievement of corporate goals through meeting and exceeding customers needs better than competition

A set of managerial functions which are carried out by many organisations

6.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What are the key forms of customer value?

Price Value

Performance Value

Emotional Value

Relational Value

Relative value

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

What are two central functions of business as stated by Peter Drucker

Innovation

Strategies

Profits

Marketing

Costs

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