Customers and Competitors BME 12 General

Customers and Competitors BME 12 General

12th Grade

20 Qs

quiz-placeholder

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Customers and Competitors BME 12 General

Customers and Competitors BME 12 General

Assessment

Quiz

Business

12th Grade

Practice Problem

Easy

Created by

Heather Gerrard

Used 6+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT typically included in customer profiling?

Demographics

Purchase Behaviour

Competitor analysis

Psychographics

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose of customer profiling?

To analyze competitors' strategies

To increase product prices

To reduce marketing efforts

To understand customer needs and preferences

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a key component of psychographics in customer profiling?

Geographic location

Lifestyle

Income level

Age

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can customer profiling benefit a business?

By increasing operational costs

By limiting product variety

By focusing solely on new customers

By improving customer satisfaction and loyalty

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary purpose of competitor profiling in business management?

To understand customer preferences

To identify opportunities and threats in the market

To build brand loyalty

To enhance product development

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these methods is most commonly used for collecting data about customers?

Surveys and interviews

Employee feedback

Sales tracking

Competitor sales reports

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common method for analyzing customer feedback?

Product testing

Financial audits

Competitor analysis

Focus groups

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