Unit 3 Marketing Exam: Product Development & Distribution

Unit 3 Marketing Exam: Product Development & Distribution

10th Grade

25 Qs

quiz-placeholder

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Unit 3 Marketing Exam: Product Development & Distribution

Unit 3 Marketing Exam: Product Development & Distribution

Assessment

Quiz

Business

10th Grade

Practice Problem

Medium

Created by

Umente Charles

Used 1+ times

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25 questions

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1.

MULTIPLE CHOICE QUESTION

45 sec • 4 pts

What does “product/market fit” mean?

The product is cheap to make

The product is liked by a few people

The product sells well and is recommended by customers

The product is available in multiple stores

2.

MULTIPLE CHOICE QUESTION

45 sec • 4 pts

Which of the following is the first phase in reaching product/market fit?

Monetization stage

Launch stage

Idea stage

Growth stage

3.

MULTIPLE CHOICE QUESTION

45 sec • 4 pts

What happens during the traction stage of product/market fit?

The product is being prototyped

The product gains attention and customer interest

The product is being discontinued

The product is being priced

4.

MULTIPLE CHOICE QUESTION

45 sec • 4 pts

Which phase comes after monetization in the product/market fit process?

Prototype

Growth

Launch

Idea

5.

MULTIPLE CHOICE QUESTION

45 sec • 4 pts

A company knows it has reached product/market fit when:

It has a large warehouse

Customers stop buying the product

Sales are high and growing

The product is only sold locally

6.

MULTIPLE CHOICE QUESTION

45 sec • 4 pts

Why is product quality important?

It helps reduce packaging costs

It increases customer satisfaction

It allows for faster shipping

It lowers the price

7.

MULTIPLE CHOICE QUESTION

45 sec • 4 pts

Which of the following is a sign of poor product quality?

Easy to use

Durable and long-lasting

Prone to breaking

High customer satisfaction

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