Recognize and Understand the Market

Recognize and Understand the Market

12th Grade

15 Qs

quiz-placeholder

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Recognize and Understand the Market

Recognize and Understand the Market

Assessment

Quiz

Other

12th Grade

Practice Problem

Medium

Created by

Janine Ortega

Used 9+ times

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15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the function of Value Proposition?

A. Used to power up sakes

B. Used to convince customer to purchase a particular product and services

C. Help customers buying habits

D. Provide value to your customers

2.

FILL IN THE BLANK QUESTION

30 sec • 1 pt

Service requirement is a/an ___________________ thing or product that cannot be touched but customer can feel he fulfillment.

3.

FILL IN THE BLANK QUESTION

1 min • 1 pt

___________________ will determine possible customers in one locality.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The term behavioral segmentation refers to:

a. divided based on consumers

b. divided in terms of how customers' think and believe

c. divided according to geographical location

d. divided according to customers behavior pattern as they interact with a company

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is market size?

a. Tangible things that can be seen

b. Size of arena where the entrepreneur will play their business

c. The most important part to the success of the company

d. Another variation of segmentation marketing.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

These are considered favorable indicators for doing business in that particular location.

a. structure of the segment

b. capability of the business

c. size and growth of the segment

d. segmentation marketing

7.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Give an example in promotion using Value Proposition and UniqueSelling proposition.

a. with the slogan "Langhap Sarap"

b. ordinary sari-sari store

c. multinational business

d. fruit shake stand

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