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WorksheetsMarketing and Business Quiz #1
Total questions: 28
Worksheet time: 14mins
What is business?
Exchanging money for something of value, either a product or service
Activity that satisfies economic needs and/or wants of customers
A store that sells goods
A job
What are the primary functions of business?
Production and finance
Marketing and management
Production and management
Marketing and production
What are the secondary functions of business?
Marketing and production
Marketing and management
Finance and management
Production and management
A marketplace is:
a grocery store
any location
anywhere a product is sold to a seller
anywhere a product is sold to a buyer
In terms of the categories of businesses, which of the following is a producer?
A car-wash
Apple
K-Mart
A haristylist
In terms of the categories of businesses, which of the following is a trade industry?
A farmer
A retail store like Target
An automobile production facility
A hair salon
In terms of the categories of businesses, which of the following is an example of a service business?
Cordell's Automotive
McDonald's
Walmart
An ice cream truck
Which of the following characteristics matches the business: Pizza Corral
Large
Small
Which of the following characteristics matches the business: Moxy Salon and Spa
Domestic
Global
Which of the following characteristics matches the business: Facebook
Public
Private
Which of the following characteristics matches the business: Subway
Profit
Nonprofit
Which of the following characteristics matches the business: Adidas
Goods
Services
Which of the following characteristics matches the business: Ford
Large
Small
Which of the following characteristics matches the business: Amazon
Domestic
Global
Which of the following characteristics matches the business: Altra Federal Credit Union
Public
Private
Which of the following characteristics matches the business: Boys and Girls Club
Profit
Nonprofit
Which of the following characteristics matches the business: Instagram
Goods
Services
True or false: E-commerce is buying and selling of goods through the use of non-electronic networks, usually a store.
True
False
Marketing is the bridge between the ______________ and the _______________________.
Producer
Buyer
Consumer
Seller
World
What are the 7 things that can be marketed?
People, places, services, organizations, non-durable goods, durable goods, ideas
Things, places, services, organizations, non-durable goods, durable goods, ideas
People, places, acts of kindness, organizations, non-durable goods, durable goods, ideas
People, places, services, organizations, non-durable goods, durable goods, foods
What marketing function is: Getting the money that is necessary to pay for the operations of a business.
Pricing
Financing
Distribution
Product Service Management
What marketing function is: Communicating with potential customers to inform, persuade, or remind them about a business’s products.
Distribution
Marketing information management
Selling
Promotion
What marketing function is: Getting the necessary information to make sound decisions.
Marketing information management
Selling
Product service management
Pricing
Decisions dictate how much to charge for goods and services in order to maximize profits.
Selling
Distribution
Pricing
Promotion
What marketing function is: Deciding where and to whom products need to be sold in order to reach the final users.
Selling
Product Service Management
Distribution
Marketing Information Management
What marketing function is: Obtaining, developing, maintaining, and improving a product or a product mix in response to market opportunities.
Product Service Management
Promotion
Financing
Pricing
What marketing function is: Provides customers with goods and services they want.
Promotion
Product Service Management
Financing
Selling
In terms of the categories of businesses, which of the following is an example of a service industry?
Cordell's Automotive
McDonald's
Walmart
An ice cream truck
