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MB Quiz #2- Marketing Concept/ Marketing Mix/ Target Market

Total questions: 17

Worksheet time: 9mins

Name
Class
Date
1.

When would the customer also be the consumer?

a)

Mom purchasing diapers

b)

Friend purchasing birthday gift

c)

Business owner purchasing stock for store

d)

Athlete purchasing basketball shoes

2.

When would the customer not be the consumer?

a)

Boss purchasing office supplies

b)

Teenager purchasing clothes at the mall

c)

Mom purchasing treats for her son's birthday party at school

d)

Fisherman purchasing lures

3.

Click on all of the things that are classified as needs

a)

Water

b)

Cell Phone

c)

Housing

d)

Clothing

e)

Netflix

4.

Click on all of the things that are wants:

a)

Fast food

b)

Air

c)

Airpods

d)

Books

e)

Flowers

5.

What is the buyer’s motive in business?

a)

Maximum marketing mix

b)

Maximum satisfaction

c)

Maximum target market

d)

Maximum profit

6.

What is the seller’s motive in business?

a)

Maximum marketing mix

b)

Maximum satisfaction

c)

Maximum target market

d)

Maximum profit

7.

Fill in the blank: Businesses must (a)   customer's’ needs and wants in order to make a profit.

8.

Fill in the blank: Businesses must satisfy customer's’ (a)   and wants in order to make a profit.

9.

Fill in the blank: Businesses must satisfy customer's’ needs and (a)   in order to make a profit.

10.

Fill in the blank: Businesses must satisfy customer's’ needs and wants in order to make a (a)   .

11.

What is the definition of the marketing mix (I am not asking what are the 4 P's)?

a)

Product, price, place, promotion

b)

How you reach the target market

c)

Combination of marketing elements used in the sale of a particular product

d)

Combination of market segments to mix up the target market

12.

What are the 4 parts of the marketing mix?

a)

Product

b)

People

c)

Price

d)

Place

e)

Promotion

13.

A target market is

a)

anyone that can buy your product.

b)

a group of people that you want to target for commercials.

c)

a very specific group of people who you want to reach through your marketing decisions.

d)

a very broad group of people who you want to convince your product is the greatest of all time.

14.

What type of market segmentation is based on perceived benefit of the product or service?

a)

Demographics

b)

Geographics

c)

Psychographics

d)

Product Benefits

15.

What type of market segmentation is based on attitudes, values and trends?

a)

Demographics

b)

Geographics

c)

Psychographics

d)

Product Benefits

16.

What type of market segmentation is based on where the target market lives?

a)

Demographics

b)

Geographics

c)

Psychographics

d)

Product Benefits

17.

What type of market segmentation is based on age, gender, income, ethnic background?

a)

Demographics

b)

Geographics

c)

Psychographics

d)

Product Benefits