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Unit 1 Review: Intro to Marketing

Total questions: 19

Worksheet time: 9mins

Name
Class
Date
1.

Which of the following is NOT a marketing activity?

a)

Personal Selling

b)

Dreaming about a wild horse shopping for hats

c)

Advertising

d)

Designing New Products

2.

Which of the following is NOT a marketing activity?

a)

Getting products into stores

b)

Arranging displays

c)

Maintaining Inventory

d)

Googling Mr Kern's home address

3.

Marketing is: creating, communicating, delivering, and exchanging offerings that have _______

a)

Value

b)

Prices

c)

Internet Memes

d)

Homework

4.

Which of the following is an example of a partner/stakeholder? Choose all that apply.

a)

Employees

b)

Suppliers

c)

Distributors

d)

Your friend's cousin's uncle's father

5.

People giving up something they have to receive something else that they would rather have is:

a)

A stakeholder

b)

A marketing strategy

c)

An exchange

d)

A target market

6.

True/False: The most common type of exchange is money for a product or service

a)

True

b)

False

7.

True/False: Marketing plays an important role in Society, Business, Careers, and Your Life

a)

True

b)

False

8.

Which of the following is NOT a primary goal of business?

a)

To survive

b)

To profit

c)

To grow

d)

To die

9.

Which career pathway does not have job opportunities in business and marketing?

a)

Medical

b)

Technical

c)

Military

d)

That's a trick question, EVERY pathway has bus/mktg!

10.

A group of individuals who share one or more characteristics is called a _____________

a)

Market

b)

Target Market

c)

Marketing Strategy

d)

The Four P's

11.

A unique blend of the Four P's designed to create satisfying exchanges with a target market is a ______________

a)

Marketing Mix

b)

Target Market

c)

The Four P's

d)

Niche Market

12.

Which of the following is NOT one of the Four P's?

a)

Place

b)

Ponies

c)

Price

d)

Product

13.

Marketing strategy combines a ________ with a ___________ to produce mutually satisfying exchanges

a)

Mother, child

b)

Banana, Strawberry

c)

Target Market, Marketing Mix

d)

Marketing, Business

14.

A tool used to understand current/future customers and the business environment is called:

a)

TOWS

b)

SWOT

c)

STOW

d)

OWTS

15.

SWOT stands for:

a)

Strawberries, Watermelon, Oranges, Tangerines

b)

Students, Workers, Organizers, Teachers

c)

Strengths, Weaknesses, Opportunities, Threats

d)

Stats, Websites, Oculus, Technology

16.

Internal organizational resources like production, marketing, finances, and employees are:

a)

Strengths and Weaknesses

b)

Strengths and Opporunities

c)

Weaknesses and Opportunities

d)

Weaknesses and Threats

17.

External Environment that include social, demographic, tech, political, and competitive factors are:

a)

Opportunities and Threats

b)

Opportunities and Weaknesses

c)

Strengths and More Strengths

d)

Strengths and Opportunities

18.

A set of features perceived to be significant and superior to the competition is known as:

a)

Target Market

b)

Market Segmentation

c)

Niche

d)

Competitive Advantage

19.

Which of the following is NOT a type of competitive advantage?

a)

Quiche

b)

Cost

c)

Product/Service

d)

Niche