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WorksheetsFoundations of Marketing
Total questions: 20
Worksheet time: 10mins
Which of the following statements BEST describes where marketing takes place?
Marketing takes place exclusively in a central marketplace.
Marketing is limited to certain places and times during the day.
Marketing takes place everywhere and is a constant force in our lives.
Marketing takes place at some public places but not all and usually goes unnoticed.
Bartering is the process of
Exchanging large bills for smaller bills
Exchanging products or services based on value without money
Taking other property
Making large returns on smaller items
Specialization of labor occurred because
People got tired of making products by hand
People wanted more options of products to produce
People didn't want to purchase from others
People concentrated their efforts on producing one thing, more efficiently
Facebook, Twitter, Instagram are examples of
Social Mass Marketing
Viral Marketing
Social Media Marketing
Relationship Marketing
Who uses marketing?
Construction companies
US Army
Schools
Everyone
Businesses will be successful without good marketing.
True
False
Central markets are placed where goods can be conveniently exchanged.
True
False
PLACE is also known as
Distribution
Where
Trucks
Malls
Marketing concept is a company wide
Problem
Consumer orientation
Decision-making tactic
Solution
Specific types of marketing include
Place Marketing
Cause/Idea Marketing
People Marketing
All of these
