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90 Qs

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Assessment

Quiz

Business, Education, Other

Practice Problem

Hard

Created by

Len JP

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90 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Definition of marketing is the process by which companies create ______ for customers and build strong customer ________ in order to capture value from customer in return (Kotler, 2016).

needs, value

value, relationships

wants, needs

relationships, value

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Satisfaction occurs when _______________.

the performance meet or exceed customer's expectation.

the performance was lower than customer's expectation.

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Demands are human wants that are backed by buying power.

True

False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

________________ is the set of all actual and potential buyers of products or services.

Segment

Need

Value

Market

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The marketing manager of this company only focuses on the quantity of the product, product availability and low price to appeal itself to the customers. This company uses _________________.

Production Concept

Product Concept

Sales Concept

Marketing Concept

Societal Marketing Concept

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The marketing manager of this company focuses on the quality and image of the product, and knows that customers will buy it because they recognize the product's worth. This company uses ________________.

Production Concept

Product Concept

Sales Concept

Marketing Concept

Societal Marketing Concept

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The marketing manager of this company didn't focus on the the quality or price, but rather the techniques in selling their products. This company uses __________.

Production Concept

Product Concept

Sales Concept

Marketing Concept

Societal Marketing Concept

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