FBLA Marketing Quiz

Self sufficient people are....

• Dependable on others

• Do not rely on others

• Very successful

• Very poor

What is included in accounting and finance functions?

• High income taxes

• Low income taxes

• Developing budgets

• House bills

Besides exchanging, how could people obtain products?

• Exchanging

• Borrowing

• Stealing

• With money

What is a controlled economy?

• A government that controls important resources and make the decisions about what will be produced and consumed

• A government that allows the citizens to control the decisions made and what is produced and consumed

• A government that creates opportunities for citizens to control certain needs

• A shared control between both government and citizens

What is a form utility?

• A form used to affect all products and services

• Changes in the tangible parts of a product or service affect a product's

• A government power used to utilize all the money

• A petition for a utility agreement between government and citizens

How can prices be changed?

• Allowance

• Borrowing

• Stealing

• Delivering

What is the most important part of a marketing information system

• Feedback

• Input

• Output

• Results

The lifestyle, values, and beliefs that are common to a group of people are known as...

• Governmental values

• Educational values

• Political values

• Social values

Why is competition among businesses beneficial?

• It increases customer support

• It encourages product improvements

• It provides feedback from customers

• It creates opportunities for customers

Geographic segmentation is...

• The concept that people who live in the same physical location might have the same wants and needs

• Where people are placed and categorized by in the world

• How products travel around the globe

• What routes in physical geography are taken