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F5- MARKETING-T1-21

Total questions: 35

Worksheet time: 35mins

Name
Class
Date
1.

The process of gathering, analyzing, and interpreting information about a market and finding out what product consumers want, what price they are willing to pay, and what competition exists.

a)

MARKETING PLAN

b)

MARKET RESEARCH

c)

MARKETING STRATEGY

d)

PRODUCT TESTING

2.

A 'Product' is......

a)

The cost to the buyer of goods or services

b)

Informing customers about products and persuading them to buy them

c)

Where goods or services are available

d)

Goods or services that are sold

3.

'Price' is.......

a)

Informing customers about products and persuading them to buy them

b)

The cost to the buyer of goods or services

c)

Where goods or services are available

d)

Goods or services that are sold

4.

What is 'Promotion' ?

a)

The cost to the buyer of goods or services

b)

Where goods or services are available

c)

Informing customers about products and persuading them to buy them

d)

Goods or services that are sold

5.

One of the 4 p's of the Marketing Mix is 'Place'. This refers to..

a)

Informing customers about products and persuading them to buy them

b)

The cost to the buyer of goods or services

c)

Goods or services that are sold

d)

Where goods or services are available

6.

Which aspect of Promotion is sponsoring sports events an example of?

a)

Public Relations

b)

Personal selling

c)

Advertising

d)

Sales Promotion

7.

Activities aimed at developing, promoting, and distributing products to satisfy the wants and needs of a customer in the most profitable manner is

a)

Market Research

b)

Services

c)

Marketing

d)

Goods

8.

Any place buyers and sellers exchange goods, services, and some form of money.

a)

Goods

b)

Advertising

c)

Marketing

d)

Market

9.

Which P in the Marketing Mix refers to how or where a product will be distributed from producer to consumer?

a)

Price

b)

Place

c)

Promotion

d)

Product

10.

Any form of communication used to inform, persuade, or remind; how potential customers will be told about the product is called

a)

Price

b)

Place

c)

Promotion

d)

Product

11.

If a business aims its advertising toward a specific group of consumers that have similar wants and needs, that group would be their _________.

a)

price

b)

product

c)

target market

d)

Marketing mix

12.

THE 4 P's - product, place, promotion, price are called

a)

pricing

b)

selling

c)

target market

d)

Marketing mix

13.

What to make, how to package it, what brand name to use and what label to project is part of the

a)

price

b)

product

c)

target market

d)

Marketing mix

14.
A unique name and image for a product used to create an image in the consumers' mind, i.e. Pampers, Band-Aid, Kool-Aid
a)
price
b)
product
c)
brand
d)
Marketing mix
15.

A type of promotion using short term incentives to get people to want to buy something.

a)

Public Relations

b)

advertising

c)

sales promotion

d)

Marketing mix

16.
A group of people or companies who want a product or service and are willing and able to buy it.
a)
price
b)
product
c)
advertising
d)
market
17.
A marketing mix is the blending of four marketing elements: price, product, promotion and _.
a)
Property
b)
Place
c)
Produce
d)
Prepare
18.
A specific group of consumers that an organization selects as the focus of its marketing plan.
a)
market
b)
clients
c)
customers
d)
target market
19.
The path a product takes from the producer to the consumer.
a)
target market
b)
market
c)
marketing concept
d)
channel of distribution
20.

Which stage of the Product Life Cycle has rapid sales?

a)

introduction

b)

maturity

c)

decline

d)

growth

21.

Select all the aspects or activities of promotion :

a)

advertising

b)

personal selling

c)

public relations

d)

sales promotions

22.

When a business places consumers into specific groups of people with a similar profile and characteristics, e.g. age, gender, this is called

a)

market positioning

b)

market segmentation

c)

market research

d)

market targeting

23.

What is After-sales service?

a)

Discounting products

b)

Meeting of customer’s needs after they have purchased a product

c)

Encouraging customers to purchase more products from your business

d)

Getting feedback on products/services

24.
Which phase of the Product life cycle is when profits peak and start to decline. 
a)
Introduction
b)
Growth
c)
Maturity
d)
Decline
25.

Short- term incentive or offer designed to increase sales

a)

personal selling

b)

publicity

c)

sales promotion

d)

advertising

26.

Successful organizations learn the preferences and behaviors of key customer segments through this 1st marketing activity

a)

Market research

b)

Advertising

c)

Distribution

d)

Pricing

27.

Which of the 4P's does this represent: T-Shirt

a)

Product

b)

Price

c)

Place

d)

Promotion

28.

Which of the 4P's does this represent: T.V. Commercial or advertisement?

a)

Product

b)

Price

c)

Place

d)

Promotion

29.

Which of the 4P's does this represent: Transportation from producer to wholesaler?

a)

Product

b)

Price

c)

Place

d)

Promotion

30.

Which of the 4P's does this represent: Discounts

a)

Product

b)

Price

c)

Place

d)

Promotion

31.

Which of the 4P's does this represent: Packaging , Branding, Labelling?

a)

Product

b)

Price

c)

Place

d)

Promotion

32.
What is not part of the marketing mix (the 4Ps)?
a)
Product
b)
Person
c)
Price
d)
Promotion
33.
What does target market mean?
a)
the market that your product is in
b)
the consumers you want to buy your product
c)
those consumers who haven't bought your product
d)
the markets overseas
34.

One to one selling with the customers such as door to door salesmen is a form of

a)

telemarketing

b)

personal selling

c)

advertising

d)

public relations

35.

Which is the correct order in the chain of distribution?

a)

Producer, wholesaler, retailer, consumer

b)

Wholesaler, retailer, producer, consumer

c)

Retailer, wholesaler, producer, consumer

d)

Producer, retailer, wholesaler, consumer