Marketing Knowledge Quiz

Marketing Knowledge Quiz

10th Grade

20 Qs

quiz-placeholder

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Marketing Knowledge Quiz

Marketing Knowledge Quiz

Assessment

Quiz

Business

10th Grade

Medium

Created by

SWABULI MURSHID

Used 1+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the definition of a market?

A place where goods are manufactured

A physical location for selling goods

All buyers and sellers of a particular good

A strategy used in product promotion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following best defines marketing?

Advertising products to the public

Selling as many products as possible

The process of distributing goods to customers

Identifying, anticipating and satisfying consumer needs profitably

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these is not a role of marketing in a business?

Producing goods

Maintaining customer loyalty

Conducting market research

Designing office spaces

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can a business maintain customer loyalty?

Decreasing product quality

Ignoring after-sales service

Using loyalty card schemes

Increasing product prices regularly

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does market research help a business to do?

Reduce prices

Identify customer needs

Increase staff wages

Open new factories

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Gaining information on customers helps businesses to:

Increase production costs

Develop better products

Lower employee motivation

Reduce market share

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not a method of satisfying customer needs?

After-sales services

Building customer relationships

Producing unwanted goods

Offering discounts

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