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Unit 1: Week 3 Quiz

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Information regarding ethnic backgrounds and household income facilitates market segmentation.

a)

TRUE

b)

FALSE

2.

A marketing plan is a formal written document which directs activities for a specific time.

a)

TRUE

b)

FALSE

3.

Discretionary income might be used to buy which items?

a)

magazine subscriptions

b)

fruits and vegetables

c)

underwear and socks

d)

a three-bedroom house

4.

According to the text, which U.S. ethnic population is declining, relative to other ethnic populations?

a)

Hispanic

b)

Asian-American

c)

Caucasian

d)

African-American

5.

The Cracked Pot Potteryware company decided to sell its coffee mugs in the local coffee houses. What type of marketing decision was this?

a)

Price

b)

Place

c)

Promotion

d)

Product

6.

The Music Stand direct-mail company wants to send catalogs to music teachers, dancers, and other music consumers.

What type of data would be helpful in this endeavor?

a)

demographic

b)

geographic

c)

psychographic

d)

product benefits

7.

The Good Ol' Barbecue Sauce Company began marketing a new sauce that includes spices often found in Asian cuisine. How is the company segmenting its market?

a)

psychographics

b)

product benefits

c)

geographics

d)

demographics

8.

An expectation that reflects a marketing plan's objectives is called a(n) _________________________.

a)

Performance Standard

b)

Marketing Standard

c)

Physical Standard

d)

Standard Standard

9.

____________________ most appreciates advertising that includes images, hip music, and humor.

a)

Generation X

b)

Generation Y

c)

Generation Z

d)

Generation High School

10.

Information about the values and attitudes that shape consumers' lifestyles is called ____________________.

a)

psychographics

b)

demographics

c)

geographic

d)

product benefits