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Business Quiz for edexcel topic marketing

Total questions: 12

Worksheet time: 6mins

Name
Class
Date
1.

Which of the following products is likely to be targeted at a particular market segment?

a)

Biscuits

b)

A golfing magazine

c)

Bread

d)

Petrol

2.

Which of the following is an advantage of market segmentation?

a)

There will be less waste in promotion and advertising

b)

Cash flow will improve

c)

customers will be more loyal

d)

product development is cheaper

3.

Skilled manual workers belong to which socio-economic group?

a)

C1

b)

C2

c)

D

d)

A

4.

Airlines offering first -class accommodation on long haul flights segment the market according to which characteristic?

a)

Gender

b)

Ethnic orgin

c)

Age

d)

Income

5.

______________ divisions by which individuals and groups are classified on the basis of esteem and prestige acquired mainly through economic success

a)

social status

b)

Social segments

c)

Social class

d)

social acquisition

6.

___________________________ division of people according to social class based on employment status

a)

Business group

b)

Socio-economic group

c)

Science group

d)

Arts group

7.

_________________ Part of a whole market where a particular customer group has similar characteristics

a)

Market segments

b)

Business segments

c)

Work segments

d)

Skill segments

8.

The first stage in the product life cycle is called?

a)

Introduction

b)

Growth

c)

Saturation

d)

Development

9.

In the Boston matrix, a product with a low market share but a high potential for growth is called what?

a)

Dog

b)

Star

c)

Question mark

d)

Cash cow

10.

Which of the following is a element of the marketing mix?

a)

Profit

b)

Cash

c)

Price

d)

Money

11.

____________ (Product mix) range of products a business is currently marketing

a)

Product portfolio

b)

Market portfolio

c)

security portfolio

d)

Price portfolio

12.

____________ 2X2 matrix that describes products according to the market share they enjoy and whether the market has any potential for growth

a)

Boston matrix

b)

Ansoff matrix

c)

Maslow matrix

d)

F Y Tylar Marix