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POMktg Quiz 01

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Which one is not a physical need of a consumer?

a)

Food

b)

Clothing

c)

shelter

d)

Luxurious holiday

2.

What is Marketing Myopia?

a)

A short-sighted Marketing person

b)

A mistake of paying too much attention to specific product offers

c)

Marketer does not know how to market his products

d)

The company has no incentives for their marketers

3.

A customer's perceived value shows his evaluation of _______.

a)

the difference between your products vs competitors' products

b)

the size of your products vs competitors' products

c)

the similarities between your products vs competitors' products

d)

your products without looking at your competitors' products

4.

In the BCG Matrix, a "Dog" means ______.

a)

the marketer owns dogs

b)

that product is very expensive

c)

that product has low market share & low market growth

d)

that company consider their products like dogs

5.

This best describes a "Star" in the BCG Matrix.

a)

The product is popular but low cost

b)

The product is not popular at all

c)

The product is popular but expensive

d)

The product enjoys low cost within a high market growth

6.

The 4 P's of Marketing Mix are ______.

a)

Product, Price, Place & Purpose

b)

Promotion, Price, Place & Purpose

c)

Price, Promotion, Place & Product

d)

Perception, Product, Price & Purpose

7.

Market Intermediaries are found in the ________.

a)

Micro-environment

b)

Macro-environment

c)

Internal Environment

d)

Ecological Environment

8.

Demography is the study of ___________.

a)

the characteristics of a certain human population

b)

the characteristics of a certain consumers population

c)

the characteristics of a certain market segment

d)

the characteristics of a certain suppliers population

9.

Define Market Segmentation.

a)

Dividing a market into smaller segment of buyers

b)

Deducting non-consumers from consumers

c)

Adding all the needs and wants of a certain market

d)

Evaluating each market's attractiveness

10.

Product Positioning means placing the product in the consumer's minds ______.

a)

together with competing products

b)

relative to competing products

c)

without considering the competing products

d)

inferior to the competing products