Marketing: Chapter 5 Test

Marketing: Chapter 5 Test

12th Grade

•

30 Qs

quiz-placeholder

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Marketing: Chapter 5 Test

Marketing: Chapter 5 Test

Assessment

Quiz

•

12th Grade

•

Easy

Created by

John Linn

Used 5+ times

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30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Used to plan, organize, and control all available resources in order to produce and market goods and services.

Business

Management

Wholesalers

Retailers

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Business has two primary functions--what are they?

Financing and Management of goods and services

Production and Financing of goods and services

Production and Marketing of goods and services

Management and Marketing of goods and services

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The process of creating, growing, manufacturing, or improving on goods and services

Production

Managing

Marketing

Financing

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The exchange process occurs when customers exchange money for goods and services

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

This can mean money or anything that can be sold quickly to get money. It can also mean borrowing money.

Marketing

Retailing

Finance

Profit

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Businesses can be categorized in each of the following ways EXCEPT?

By profit orientation

By market served

By kind of product provided

By price of each product

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A large business is classified as one which employs over 100 people.

True

False

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