Marketing Applications Unit 5 Review Part 1

Marketing Applications Unit 5 Review Part 1

12th Grade

15 Qs

quiz-placeholder

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Marketing Applications Unit 5 Review Part 1

Marketing Applications Unit 5 Review Part 1

Assessment

Quiz

Business

12th Grade

Practice Problem

Easy

Created by

Whitney Harrison

Used 9+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When customers have low involvement with a product and there is little difference among brands, what type of buying behavior are they 

exhibiting?

Habitual

Variety

Complex

Basic

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When conducting an external environmental analysis, businesses often focus on which factor or factors?

Previous demand

Industry growth

Marketing goals

Financial costs

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should Jason avoid doing to shorten his sales cycles? 

Avoid answering objections

Rely on other team members for product knowledge

Always use the same sales presentation

Improve the qualification process

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

While reviewing financial information, Troy noted that the company 

earned $245,956 in January, $248,122 in February, and $252,878 in March. Which most likely summarizes the financial situation? 

Capital assets are depreciating at a slower rate. 

Cash flow continues to be tight.

Accounts receivable exceed accounts payable. 

Sales are steadily increasing. 

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By comparing the categories in an income statement, a business will be able to determine which situation?

If it is earning too much income

If it is paying too little for supplies

If it is spending too much on expenses

If it is acquiring goods for too low a price

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

During economic fluctuations, taxes serve which purpose for the 

economy?

Destroying

Reducing

Expanding

Stabilizing

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a negative effect of workplace gossip?

Less conflict

More collaboration

Lower productivity

Higher morale

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