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SEM I - Objective 3.01 Review

Authored by Erika Bigelow

Business

9th Grade

22 Questions

Used 7+ times

SEM I - Objective 3.01 Review
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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a requirement for good decision-making:

A college degree

At least three options

Money

Data

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following are common types of data used by marketers:

Facts, predictions, estimates

Predictions, estimates, quotes

Quotes, facts, testimonials

Quotes, testimonials, estimates

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a fact:

The economy should get better during the next decade.

Valentine’s Day is on February 14.

It could cost up to 20 million dollars to launch a new product.

Junior year will be harder than sophomore year.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Quinn is getting ready to start college. Though she knows that the figure could change over time, she guesses that her four years in school will cost her around $65,000. This is an example of a(n)

quote.

sales report.

estimate.

fact.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a prediction:

About half of the business’s customers are female.

The business owes $200,000 in taxes.

Sales will be up 4% next quarter.

Sales were up 4% last quarter.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of data that marketers could gather from the company’s sales team:

The latest market research studies

The prices of raw materials

What products competitors are currently offering

How actual sales compare to sales goals

7.

MULTIPLE SELECT QUESTION

30 sec • 1 pt

Which of the following pieces of data give a wealth of information about a customer:

A trade journal

A sales invoice

An expense report

A sales report

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