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ENTREP - CHAPTER 8 - QUIZ 1

Authored by Shiela Saga

Business

University

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ENTREP - CHAPTER 8 - QUIZ 1
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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Product planning is best described as:

Random decision-making about product color

Systematic decision-making in developing and managing a product

Guessing what the market wants

Copying competitors’ products

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is not part of product planning?

Identifying market opportunities

Creating marketing programs

Ignoring weak products

Maintaining successful products

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The combination of features, functions, and benefits of a product is called:

Product mix

Product components

Product structure

Product cycle

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A smartphone’s camera, design, and battery life are examples of:

Benefits

Functions

Features

Brands

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The level of product that represents the customer’s emotional meaning is called:

Tangible product

Augmented product

Generic product

Conceptual product

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Durable goods are:

Easily consumed and low-cost

High-quality items that last for a long time

Always intangible

Used only once

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is an example of a non-durable good?

Television

Refrigerator

Shampoo

Car

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