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Module 6- Getting to know the market

Total questions: 10

Worksheet time: 3mins

Name
Class
Date
1.

How do you classify the customer purchasing power?

a)

Domiciles

b)

Income level

c)

Occupations

d)

Social Classes

2.

What is the most common qualitative research tools in extracting consumer and non-consumer experiences regarding products, places and programs

a)

Focus group discussion

b)

Observation technique

c)

Sampling Technique

d)

Survey Research

3.

How is consumer knowledge starts in understanding the customer?

a)

Customer profiling

b)

Income levels

c)

Market research

d)

Survey research

4.

What do you call the ability to introduce the product and business to the customers and persuading them to buy the it?

a)

Communication skills

b)

Finance Skills

c)

Leadership skills

d)

Marketing skills

5.

Why is market estimation is the most difficult task of an entrepreneur? It is because it is divided into:

a)

Group

b)

Segmented

c)

Separate

d)

Transfer

6.

What is the most preferred instrument for an in-depth qualitative research?

a)

Focus group discussion

b)

Market Research

c)

Observation

d)

Survey research

7.

How do you classify people according to their level of expertise using a product or a service?

a)

Demographics

b)

Psycho graphics

c)

Social graphic

d)

Techno graphics

8.

Which of the following is not an important concerns in planning a survey?

a)

Designing the questionnaire

b)

Getting the sample size

c)

Personal interview

d)

Sampling technique

9.

What is the ideal range group of persons in a small group interview?

a)

5 to 6

b)

3 to 6

c)

5 to 8

d)

6 to 8

10.

What is the best way of gathering data about customers in natural setting without interacting with them?

a)

Focus Group Discussion

b)

Observation Technique

c)

Sampling Technique

d)

Survey Technique