Marketing Elements Quiz

Marketing Elements Quiz

Professional Development

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10 Qs

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Marketing Elements Quiz

Marketing Elements Quiz

Assessment

Quiz

•

Life Skills

•

Professional Development

•

Practice Problem

•

Hard

Created by

jenifer custodio

Used 1+ times

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following best defines the "Product" element in marketing?

The cost of the item to the customer

The place where the item is sold

The goods or services a company offers to meet customer needs

The way a company promotes its goods and services

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary focus of the "Price" element in marketing?

The cost of manufacturing the product

How much the customer is willing to pay and the perceived value

The number of employees in the company

The location where the product is sold

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which element of marketing determines where and how a product will be distributed?

Promotion

Place

People

Production

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In marketing, which of the following best describes "Promotion"?

The strategies used to advertise and communicate with customers

The method used to package the product

The process of hiring employees for a business

The price discounts offered on certain products

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The "People" element in marketing refers to:

Only the customers who buy the product

Everyone involved in delivering customer service, the customers including employees and representatives

The business owners only

The number of people who visit a store each day

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is "Production" an important element in marketing?

It ensures the business follows a rigid structure

It involves the methods and systems used to deliver a product or service efficiently

It only applies to companies that sell physical goods

It is the legal process for registering a company

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A company decides to lower the price of a product to attract more customers. This decision is related to which marketing element?

Place

Promotion

Price

People

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