QUIZ MAKETING MIX

The Firm must provide consumers in the target market with a product that gives them maximum satisfaction

The statement above refer to:-

• product

• price

• place

• promotion

Purposes of promotion as stated below except:-

• attract new customer

• Increase Sales volume

• Try new product

• exchange or transfer of ownership of one product

Product life cycle includes of the lists below, except:-

• Introduction

• Growth

• Maturity

• constant

Product life cycles relate to the sales and profits of a product of services over period, TRUE or FALSE?

• TRUE

• FALSE

Value-based pricing strategy offered at low price in order to gain broad market acceptance quickly.

• TRUE

• FALSE

One of the promotion strategy is to identify the target audience, TRUE or FALSE?

• TRUE

• FALSE

Distribute products to other intermediate the statement as above refer to:-

• retailer

• wholesaler

• broker

• agent

"They physically order, receive, and distribute products"

the statement as above refer to:-

• retailer

• wholesaler

• broker

• merchant- distributor

Form utility is the process of change raw materials to finish products

TRUE or FALSE

• TRUE

• FALSE

Place utility refer to information of buyers

TRUE or FALSE

• TRUE

• FALSE