Principles of Marketing

Principles of Marketing

9th - 12th Grade

20 Qs

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Principles of Marketing

Principles of Marketing

Assessment

Quiz

Business

9th - 12th Grade

Practice Problem

Medium

Created by

Tia Rezabala

Used 200+ times

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20 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

The marketing mix is also known as the 5p’s

True

False

2.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

A feature is something that is offered as a special attraction to make the product more attractive to the average consumer.

True

False

3.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

A function is a specific task the product was meant to do or preform.

True

False

4.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

Distribution involves moving goods and services to various locations where consumers can readily locate them for purchase.

True

False

5.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

Middlemen are needed in an indirect channel of distribution.

True

False

6.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

Agents rarely if ever take title to the goods they are trying to sell.

True

False

7.

MULTIPLE CHOICE QUESTION

1 min • 5 pts

Before a business can set a price for the products it is selling it must consider which of the following:

What it cost them to make or purchase the product.

Any additional expenses incurred in obtaining the product

The amount of profit it wants to make.

All the above.

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