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Principles Final Review
Quiz
•
Business
•
9th - 12th Grade
•
Medium
Callie Cobb
Used 16+ times
FREE Resource
60 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The process of developing, promoting, and distributing products to satisfy customers' needs and wants.
Marketing
Exchange
Possession Utility
Marketing Mix
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What takes place every time something is sold in the marketplace?
Possession Utility
Marketing
Place Utility
Exchange
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The added value to a product
Utility
Form Utility
Benefits
Additions
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The kinds of products you can't physically touch...
Services
Air
Time
Benefits
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the kinds of products you can touch or hold in your hands?
Goods
Services
Utility
Stuff
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Goods and services; both have monetary value and satisfy customers' needs and wants
Products
Utility
Form Utility
Possession Utility
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the idea that a business should strive to satisfy customers' needs and wants while generating a profit for the firm?
Marketing Concept
Consumer Market
Industrial Market
Marketing Mix
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