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principle of marketing

Total questions: 15

Worksheet time: 5mins

Name
Class
Date
1.

"_____________is an organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders"

a)

Management

b)

Maketing

2.

____________are states of felt deprivation, including basic physical, social, and individual; part of human makeup

a)

Demands

b)

Needs

c)

Wants

3.

How many types of needs?

a)

3

b)

4

c)

5

d)

6

4.

"I want a car for going to work with low operating costs" - Which type of needs it belongs to?

a)

Stated Needs

b)

Real Needs

c)

Unstated Needs

d)

Secret Needs

5.

There are 3 core marketing concepts including needs, (a)   and demands

6.

SWOT analysis stands for....

a)

Social Awareness Talents

b)

Social Weakness of Threats

c)

Strengths, Weakness, Opportunities, Threats

d)

None of the above

7.
The change in climate of the city, where a product is being sold will affect the __________region of the marketing plan.
a)
Geographic
b)
Demographic
c)
Psychographic
d)
Telepathic
8.
___________is based on the way a customer use the product.
a)
Mass Marketing
b)
Behavioral
c)
Target Market
d)
Demographic
9.
__________are used to identify customers with similar wants and needs.
a)
Geographic Data
b)
Customer Survey
c)
Behavioral Research
d)
Market Segmentations Methods
10.
A customers interest in playing basketball can help a marketer determine his/her ______.
a)
Psychographic criteria
b)
Geographic criteria
c)
Demographic criteria
d)
Behavioral criteria
11.
Knowing the income of a potential customer can help you determine products' __________.
a)
Pricing
b)
Place
c)
Promotion
d)
Label
12.
A formal written document that directs a company's activities for a specific time is a___________.
a)
Technology solution
b)
Market Target
c)
Market Summary
d)
Marketing Plan
13.

The "four P's" of a marketing mix are:

a)

Product, Price, Profit, Promotion

b)

People, Product, Place, Promotion

c)

Promotion, Production, Price, Place

d)

Product, Price, Place, Promotion

e)

Profit, Place, Price, Product

14.

Which way is NOT a major variable for segmenting a market?

a)

Geographic

b)

Demographic

c)

Behavioral

d)

Moods

e)

Psychographic

15.

A menswear store has decided to segment its market based on gender, income, and occupation. Which of the following would appropriately describe their form of segmentation?

a)

Geographic Segmentation

b)

Demographic Segmentation

c)

Benefit Segmentation

d)

Behavioral Segmentation

e)

Psychographic Segmentation