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Marketing - Chapter 1 Test Review

Authored by Heather Pipech

Life Skills

11th - 12th Grade

Used 279+ times

Marketing - Chapter 1 Test Review
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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many functions of Marketing are there?

4

1

5

7

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many Parts are in the Marketing Mix?

7

8

2

4

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This Function involves direct and personal communication

Product

Selling

Distribution

Finance

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Gathering  information, storing it and analyzing it are all a part of: 

Market Planning
Promotion
Product/Service Management
Marketing Information Management

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

_____________  decisions dictate how much to charge for goods and services in order to MAKE A PROFIT.

Pricing
Promotion
Selling
Market Planning

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

To determine a price, marketers must also determine how much customers are willing to pay.

True
False

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Obtaining, developing, maintaining and improving a product or a product mix in response to market opportunities.

Product/Service Management
Market Planning
Promotion
Marketing Information Management

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