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Marketing Competition

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

How products are seen in relation to their competitors by consumers.

a)

Market Potential

b)

Market Share

c)

Market Opportunity

d)

Market Position

2.

Method to analyze a companies progress over time.

a)

Indirect Competition

b)

Market Potential

c)

SWOT

d)

Positioning Strategy

3.

The thoughts that customers have about your company and products.

a)

Market Potential

b)

Positioning Strategy

c)

Consumer Perception

d)

Benefit Segmentation

4.

Occurs when a company competes with other companies offering products that are not in the same product category.

a)

Indirect Competition

b)

Direct Competition

c)

Price Competition

d)

Non-Price Competition

5.

Directs a company's marketing mix to reach all consumers.

a)

Psychographics

b)

Mass Marketing

c)

Market Potential

d)

Market Position

6.

Dividing markets by location.

a)

Market Segmentation

b)

Demographics

c)

Geographic Segmentation

d)

Psychographics

7.

Emphasizing price as an issue and matching or beating competitors' prices.

a)

Direct Competition

b)

Indirect Competition

c)

Non-Price Competition

d)

Price Competition

8.

Facts about customers.

a)

Demographics

b)

Psychographics

c)

Ethics

d)

Geographic Segmentation

9.

Dividing customers into different groups in order to understand their different product preferences or to learn how to effectively target them in a marketing campaign.

a)

Market Segmentation

b)

Market Potential

c)

Benefit Segmentation

d)

Market Opportunity

10.

Emphasizing features, quality and packaging of a product over competitor's products.

a)

Direct Competition

b)

Indirect Competition

c)

Price Competition

d)

Non-Price Competition

11.

People want the product or service and are willing and have the money to buy it.

a)

Direct Competition

b)

Market Position

c)

Market Opportunity

d)

Market Potential

12.

How frequently customers use a product.

a)

Product Usage

b)

Psychographics

c)

Market Position

d)

Usage

13.

Divides the population into groups depending on the value they receive from the product.

a)

Benefits Derived

b)

Market Position

c)

Price Competition

d)

Different Segments

14.

Portion of the market potential that a company expects to get in relation to its competitors, expressed in $ or %.

a)

Market Segmentation

b)

Market Share

c)

Market Position

d)

Market Potential

15.

Unique image in a consumer's mind relative to competition's products; use marketing mix to do this.

a)

Direct Competition

b)

Market Position

c)

Market Share

d)

Market Potential