Business Management

Business Management

11th Grade

12 Qs

quiz-placeholder

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Assessment

Quiz

Education, Business

11th Grade

Hard

Created by

Ava Cummins

Used 10+ times

FREE Resource

12 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

What are the 7 P's of the marketing mix?

2.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

What is Product in the marketing mix?

3.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

What are the stages in the product development process?

4.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

What is Price in the marketing mix?

5.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What does the 'mark-up' in mark-up pricing represent?

The base cost of producing a product.

The desired profit margin.

How much money the business pays the customer for messing up.

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

What is an example of Psychological Pricing?

A bag of chips being $4.99 instead of $5.00

A head of lettuce being $200.

A chocolate bar being $1.01 instead of $1.00

A pair of headphones being $50.

7.

FILL IN THE BLANK QUESTION

45 sec • 1 pt

What is Place in the marketing mix?

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