Environment and Market

Environment and Market

10th Grade

10 Qs

quiz-placeholder

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Environment and Market

Environment and Market

Assessment

Quiz

Business, Other, Social Studies

10th Grade

Practice Problem

Easy

Created by

jerold b

Used 530+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

This is generated by examining the goods and services sold in the community.

Business Creation

Business Pricing

Business Concept

Business Idea

2.

MULTIPLE SELECT QUESTION

10 sec • 1 pt

A process of making a new product to be sold to the customers.

Product Analysis

Product Conceptualization

Product Development

Product Implementation

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

These are luxuries, advantages and desires that every individual considers beyond necessity.

Wants

Desires

Requirements

Needs

4.

MULTIPLE SELECT QUESTION

10 sec • 1 pt

This is the factor or consideration presented by a seller as the reason that one product or service is different from and better than that of the competition.

Unique Selling Plan

Unique Selling Proposition

Unique Pricing Policy

Finding Value-added

5.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

In this stage, the needs of the target market are identified, reviewed and evaluated

Concept Development

Economic Analysis

Project Development

Refine Specification

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

This is the introduction of new ideas to make the product and services more attractive and saleable to the target customers.

New Idea

Creativity

Product Development

Innovation

7.

MULTIPLE SELECT QUESTION

45 sec • 1 pt

A managerial tool used to assess the environment and to gather important information that can be used for strategic planning.

Environmental Scanning

SWOT Analysis

Survey Analysis

WOTS Analysis

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