A clothing retailer wants to attract budget-conscious customers while maintaining a profitable ratio. What aspect of the 4Ps should the retailer carefully consider to achieve this balance?
LONG QUIZ 2 - MARKETING

Quiz
•
Financial Education
•
12th Grade
•
Hard
Joanne Marie Biso
Used 1+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Price
Place
Promotion
Product
2.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
Which type of research provides numerical insights such as percentages, averages, and trends?
Qualitative
Quantitative
Both
Neither
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A beverage company wants to reach more customers in rural areas. Which aspect of the 4Ps is the company primarily focusing on to achieve this expansion?
Price
Place
Promotion
Product
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A cosmetics company is planning to introduce a new line of organic skincare products to meet the growing demand for natural beauty solutions. Which aspect of the 4Ps should the company prioritize in developing these products?
Price
Place
Promotion
Product
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A company is considering launching a new smartphone with innovative features. Which aspect of the 4Ps should the company focus on to ensure the new product meets customer needs?
Price
Place
Promotion
Product
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A software company wants to boost recognition of its new productivity app among professionals. What aspect of the 4Ps should the company emphasize to achieve this objective?
Price
Place
Promotion
Product
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main objective of conducting market research?
To generate immediate sales
To improve customer service
To lower product prices
To make informed business decisions
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