Week 17 summary sheet questions

Passage
•
Business
•
11th Grade
•
Medium
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Customers will buy products if they meet certain conditions. Which of the following is NOT one of those conditions according to the text?
The products are conveniently located
The products have a high-quality design
The products are fairly priced
The products are brought to their attention
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of a market as mentioned in the text?
A place where products are displayed
A set of arrangements that allow buyers and sellers to communicate and trade in goods and services
A collection of advertisements and marketing strategies
A group of businesses competing in the same industry
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary goal of marketing according to the text?
To create the highest quality product
To identify and anticipate customer needs and satisfy them profitably
To ensure the business has the largest market share
To build the most effective advertising campaigns
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a practice businesses adopt to build customer relationships?
Personalize communication
Ignore customer complaints
Build trust
Connect regularly
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why do businesses want customers to be loyal?
It increases the business's market share
It saves the business money
It allows for higher pricing of products
It reduces the need for marketing
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can businesses retain existing customers?
By offering loyalty cards
By increasing product prices
By limiting product availability
By reducing communication with customers
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is product orientation?
A business approach focusing on the needs of consumers when developing products
The proportion of sales in a total market that a business or product has
A business approach focusing on the design and manufacture of the product itself rather than the needs of the customers
When a business sells the same products to all consumers and markets them in the same way
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