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1st Grade

15 Qs

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entrep

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Assessment

Quiz

Business

1st Grade

Medium

Created by

nica goce

Used 1+ times

FREE Resource

15 questions

Show all answers

1.

FILL IN THE BLANK QUESTION

5 sec • 1 pt

It is crucial concept for businesses to understand when introducing products to the market. It involves different stages, with necessities being slower than luxury or privilege products.

2.

FILL IN THE BLANK QUESTION

5 sec • 1 pt

It sees sales increasing alongside profits, but competition may enter the market.

3.

FILL IN THE BLANK QUESTION

5 sec • 1 pt

It sees sales dropping and market share shifting to competitors.

4.

FILL IN THE BLANK QUESTION

5 sec • 1 pt

It focuses on customers' perceptions of a product's service components,

5.

FILL IN THE BLANK QUESTION

5 sec • 1 pt

It assesses meeting their needs and expectations.

6.

FILL IN THE BLANK QUESTION

5 sec • 1 pt

refers to the ability to render the promised service consistently and accurately

7.

FILL IN THE BLANK QUESTION

5 sec • 1 pt

refers to eagerness of employees to help and provide prompt service to customer's requests, problems, and complaints

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