1.03

1.03

12th Grade

20 Qs

quiz-placeholder

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1.03

1.03

Assessment

Quiz

Business

12th Grade

Medium

Created by

Login Williams

Used 5+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When customers make purchases, they are actually buying the __________ that products offer.

prestige

benefits

services

features

Answer explanation

The correct answer is 'benefits'. When customers purchase items, they are not just buying the product itself, but the advantages or 'benefits' that the product offers. While features, services, and prestige can be associated with a product, it is the 'benefits' that customers buy.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Determine whether the following statement is true or false: Two prospects may buy the same product to obtain different benefits.

False; prospects buy products based on the products' features.

False; products offer the same benefits to all prospects.

True; all prospects have the same product wants and needs.

True; products offer different benefits to different prospects.

Answer explanation

The statement is true, but the reason given in the answer is incorrect. Although all prospects may have the same basic needs, different prospects may buy the same product to obtain different benefits. The product's features and benefits can be perceived differently by different prospects, based on their individual needs and preferences.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The reasons that cause people to purchase products are called

needs.

wants.

features.

buying motives.

Answer explanation

The question asks for the term used to describe the reasons that lead people to make purchases. Among the options, 'buying motives' is the most fitting term. 'Buying motives' refers to the reasons or factors that influence an individual to buy a particular product. 'Needs,' 'wants,' and 'features' can be components of buying motives, but they are not the overarching term.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When people make purchases on the basis of reason or logic, they are using __________ buying motives.

rational

patronage

emotional

inappropriate

Answer explanation

The question asks about the type of buying motives people use when they make purchases based on reason or logic. The correct answer is 'rational'. This is because when people use reasoning and logic for their purchases, they are making considered, thoughtful decisions, which is the definition of rational behavior.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When customers buy on the basis of their feelings or impulses, they are using __________ buying motives.

rational

detached

emotional

patronage

Answer explanation

The question asks what kind of buying motives customers are using when they buy based on their feelings or impulses. The correct answer is 'emotional'. This is because emotional buying involves making purchases based on feelings, moods, or emotions, rather than logical or rational thought processes. The term 'emotional' perfectly describes this behavior.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Customers purchase from one business rather than another because of __________ buying motives.

rational

patronage

emotional

impulsive

Answer explanation

Customers choose to buy from a particular business over another due to patronage buying motives. This means they have a loyalty or preference towards a specific business due to factors like service quality, personal rapport, or previous positive experiences. Thus, patronage is the correct choice.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The concern for a product's durability can best be described as a(n) __________ buying motive.

rational

patronage

emotional

traditional

Answer explanation

The correct answer is 'rational'. The concern for a product's durability is a logical consideration based on the product's features and functions. This is a rational buying motive, as it is based on reasoning and practicality, unlike emotional, patronage, or traditional motives.

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