wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Unit 4: Market Planning

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

___________ helps a business more closely identify its target market and its product needs.

a)

Market Planning

b)

Product Service Management

c)

Financial Analysis

d)

Distribution Channels

2.

___________ involves identifying different groups or segments of the population to which a business will direct their products and marketing activities.

a)

Distribution

b)

Selling

c)

Segmentation

d)

Promotion

3.

Segmentation is more beneficial to businesses than mass marketing.

a)

True

b)

False

4.

The benefit of Market Segmentation is ....

a)

Higher Rate of Success

b)

Increases Profitability

c)

Increases Competitiveness

d)

Retention of Customer

e)

All of the above

5.

Businesses segment a market through...

a)

Demographics

b)

Geographics

c)

Psychographics

d)

Behavioral characteristics

e)

All of the above

6.

The statistical characteristics of human populations (such as age, race, gender, education, or annual income) used especially to identify markets are called ____________.

a)

Geographics

b)

Demographics

c)

Pscyhographics

d)

Behavioral Characteristics

7.

A large sporting good chain segmenting its market based on the climate in its various region utilizes which type of segmentation strategy?

a)

Demographics

b)

Geographics

c)

Psychographics

d)

Behavioral Characteristics

8.

___________ refers to information regarding a persons beliefs, interests, attitudes, values and lifestyles.

a)

Demographics

b)

Geographics

c)

Psychographics

d)

Behavioral Characteristics

9.

Important cues provided through the buying patterns of your customers is an example of segmentation by _____________________.

a)

Demographics

b)

Geographics

c)

Psychographics

d)

Behavioral Characteristics

10.

Social Media marketiing makes it much harder to utilize segmentation strategies.

a)

True

b)

False