Entrepreneurship Quiz
Authored by analyn ramos
Business
12th Grade
Used 1+ times
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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one is not a P in Marketing Mix?
Price
People
Participant
Promotion
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The price of a product is primarily determined by:
Competitor pricing alone
Government policy
Buyer’s willingness, seller’s acceptance, and competition
Product quantity only
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following refers to the location where the product is sold?
Promotion
Place
Price
Packaging
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of goods are accounting services?
Consumer goods
Tangible goods
Professional services
Shopping goods
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which P in the 7 Ps deals with how a product is visually presented to the customer?
People
Product
Packaging
Place
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Offering a lower price than competitors to gain market share is known as:
Skimming
Psychological pricing
Optional pricing
Penetration pricing
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which strategy involves offering a product for free temporarily?
Bundle pricing
Free sample
Discount pricing
Premium pricing
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