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Chapter 2 Practice test: THE MARKETING PLAN

Authored by Ken Martin

Life Skills, Business

9th - 12th Grade

Used 38+ times

Chapter 2 Practice test:  THE MARKETING PLAN
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25 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Businesses can use database technology to provide products to a specified target market. 

True
False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A marketing mix is a formal written document which directs activities for a specific time.

True
False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In marketing, having a time frame will indicate if an objective has been reached.

True
False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Understanding ethnic backgrounds and household income is part of market segmentation.

True
False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the United States, the most rapidly increasing ethnic population is African-Americans.

True
False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Eddie's Barbecue began marketing a new sauce that includes spices often found in Asian cuisine. How is the company segmenting its market?

psychographics
product benefits
geographics
demographics

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following purchases would most likely be made with discretionary income? 

fruits and vegetables
magazine subscriptions
underwear and socks
a three-bedroom house

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