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Marketing

Total questions: 10

Worksheet time: 6mins

Name
Class
Date
1.

What is a cash cow?

a)

A type of cow that produces a lot of milk

b)

A product that costs a lot of money

c)

A new type of ATM machine

d)

A product that sells well

2.

What do the four marketing Ps stand for? Tick four boxes

a)

Product

b)

Passion

c)

Price

d)

Place

e)

Promotion

3.

What is a target group?

a)

A group of people the product is aimed at

b)

A group of products that sell well

c)

A group of wealthy consumers

d)

A group of people uninterested in the product

4.

This term indicates how well known a brand is.


Fill in the blank (a)   awareness

5.

What's a USP again?

a)

Unusual Selling Position

b)

Unique Selling Point

c)

Unique Sales Proposition

d)

Unusual Strategic Practice

6.

What's a product endorsement?

a)

This is when a product is taken off the market

b)

This is when a product is given freely

c)

This is when a product's price is cut

d)

This is when a famous person recommends a product

7.

Which words are associated with 'a market'? Tick 4 boxes.

a)

Penetrate (a market)

b)

Sink (a market)

c)

Abandon (a market)

d)

Monopolise (a market)

e)

Drive another company out of (a market)

8.

A group of companies which chose to collaborate by sharing markets and co-ordinating their prices form a....

a)

conspiracy

b)

joint venture

c)

cartel

9.

In many markets there is a firm with a much larger market share than its competitors, this is a

a)

market leader

b)

monopolist

c)

multinational

10.

A smaller company in an industry, more or less content with its existing market share, is called a...

a)

market challenger

b)

market follower

c)

market sharer