Market and Environment

 

1. It refers to a set of present and future buyers.

• Market  

• Marketer

•  Marketing

• None of the above

What is a tangible thing that gives satisfaction to customers?

• Markets

• Products

• Services

• Experiences

It is determined by the level of satisfaction of customers.

• Value

• Product

• Exchange

• Satisfaction

What refers to the ability and willingness of consumers to but the products?

• Needs    

• Wants   

• Demands

• Services

Which of the following reflects the lack of something?

• Needs

• Wants   

• Demands

• Services

Which of the following is an example of need?

• Food

• Book

• Television

• New pair of shoes

Listed below are services to be offered by Hotel and Restaurant owners, which one is NOT included?

• Cooking foods 

• Giving medications

• Cleaning the rooms 

• Changing the bedding

Which of the terms below is a product?

• Wax

• Warp

• Wants

• Weeds

Most of the LNHS students were planting vegetables in their garden. Which of the product below is best to be offered?

• Seeds

• Fruits

•  Vegetables

• All of the above

LNHS students needed drinking water.  In this case the SSG officers of the school bought a watering machine as the “PISO TUBIG” to provide students with water and at the same time earning some money for SSG project. This means that ______.

• Buy products and services as needed.

• Earn money from the product offered. 

• Sell product according to their own choice.

• Offer product based on the customers’ need.