Understanding Target Markets
Quiz
•
Business
•
10th Grade
•
Medium
Denise Contreras
Used 9+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 10 pts
Which of the following is NOT a demographic factor?
Age
Income
Beliefs
Gender
2.
MULTIPLE CHOICE QUESTION
1 min • 10 pts
What does the geographic factor consider in identifying a target market?
Age and income
Where people live
Buying habits
Social status
3.
MULTIPLE CHOICE QUESTION
1 min • 10 pts
Which factor considers what people buy and their favorite brands?
Demographics
Geography
Psychographics
Behaviors
4.
MULTIPLE CHOICE QUESTION
1 min • 10 pts
Which factor includes marital status?
Demographics
Geography
Psychographics
Behaviors
5.
MULTIPLE CHOICE QUESTION
1 min • 10 pts
Why is it important for companies to identify a target market?
To focus marketing efforts and resources
To increase product prices
To reduce employee numbers
To expand globally without strategy
6.
MULTIPLE CHOICE QUESTION
1 min • 10 pts
Identifying a target market helps companies in which of the following ways?
By focusing on irrelevant markets
By designing products that meet customer needs
By increasing production costs
By reducing product quality
7.
MULTIPLE CHOICE QUESTION
1 min • 10 pts
What is a consequence of not identifying a target market?
Ineffective marketing efforts
Increased customer satisfaction
More efficient resource use
Better product design
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