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EI 3.03 Market Identification Quiz

Authored by Kimberly Monroe

Business

9th - 12th Grade

Used 3+ times

EI 3.03 Market Identification Quiz
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A customer or a potential customer who has an unfulfilled desire and is financially able and willing to satisfy that desire

Consumer market

Market

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A customer or potential customer who purchases goods or services to satisfy personal desires

Consumer market

Target market

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A customer or potential customer who purchases items for use in the operation of a business, for resale, or for making other goods

Focus Market

Industrial market

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The particular group of customers a business seeks to attract

Target market

Market segment

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

One of the groups into which the total market is divided

Consumer market

Market segment

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The division of a total market into smaller, more specific groups

Market segmentation

Geographic segmentation

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Designing products and directing marketing activities to appeal to the whole market; also known as undifferentiated marketing

Mass Marketing

Individual Marketing

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