Marketing

What is marketing?

• Marketing is only about advertising.
• Marketing is the same as sales.
• Marketing is the process of manufacturing products.
• Marketing is the process of promoting and selling products or services.

Why is marketing important?

• Marketing is essential for connecting businesses with customers, driving sales, and building brand awareness.
• Marketing has no impact on customer relationships.
• Marketing is primarily about creating advertisements.
• Marketing is only for large corporations.

What does a consumer do?

• A consumer buys goods and services.
• A consumer invests in stocks and bonds.
• A consumer produces goods and services.
• A consumer sells goods and services.

Which of the following is NOT part of the 4Ps of marketing?

• Product
• People
• Price
• Promotion

"Where a product is sold" refers to which marketing component?

• Promotion
• Place
• Product
• Price

How do businesses use "promotion" in marketing?

• Promotion is a method to eliminate competition.
• Businesses use promotion solely to reduce product prices.
• Promotion is only used for social media campaigns.
• Businesses use promotion to increase product awareness, attract customers, and drive sales.

Marketing is only about selling products

• False
• True

Advertising is a form of promotion.

• True
• False

Social media is not a marketing tool.

• False
• True

Marketing is only used by big companies, not small businesses.

• True

• False