wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Marketing I Midterm Review

Total questions: 85

Worksheet time: 43mins

Name
Class
Date
1.

Age is a _______________ variable.

a)

Behavior

b)

Psychographic

c)

Geographic

d)

Demographic

2.

Which marketing function can help businesses predict how much will be sold in a given period of time?

a)

Distribution

b)

Marketing Information Management

c)

Selling

d)

Promotion

3.

Target discounts their selection of winter coats in mid-February. What marketing function did they implement?

a)

Promotion

b)

Selling

c)

Distribution

d)

Pricing

4.

Transportation, storage, and inventory control are activities of which marketing function?

a)

Distribution

b)

Pricing

c)

Promotion

d)

Selling

5.

The process of planning, pricing, promoting, selling, and distributing products to satisfy customers’ wants and needs.

a)

Target marketing

b)

Marketing

c)

Segment marketing

d)

Relationship marketing

6.

Family size is a _______________ variable.

a)

Behavior

b)

Psychographic

c)

Geographic

d)

Demographic

7.

“Just Do It” is an example of a ___________ for Nike.

a)

Slogan

b)

Logo

c)

Brand Name

d)

Trade Character

8.

If a situational analysis (SWOT analysis) has revealed that a company has a comprehensive, current, and flexible database system, it has identified a (an)

a)

Technological flaw

b)

External asset

c)

Product benefit

d)

Internal strength

9.

Car dealers emphasize personal contact with their customers in order to better determine and respond to customer wants and needs. This is an example of which marketing function?

a)

Selling

b)

Product/service management

c)

Marketing information management

d)

Distribution

10.

In an overall sense, where does marketing occur?

a)

Wherever advertisements are

b)

Wherever stores are

c)

Wherever customers are

d)

Wherever trucks are

11.

Suave wants to add a new coconut/chocolate scent to their shampoo line. What type of utility does this fall under?

a)

Place utility

b)

Form utility

c)

Possession utility

d)

Time utility

12.

A customer takes clothes to the dry cleaner to be cleaned. Which marketing utility is this an example of?

a)

Time

b)

Place

c)

Form/task

d)

possession

13.

Which of the following could be a strength for a business?

a)

A new international market

b)

A location with heavy foot traffic

c)

Weather

d)

A price that is too high

14.

Marketing connects __________ to _____________.

a)

Goods to services

b)

Industrial products to consumer products

c)

Producers to consumers

d)

Workers to salespeople

15.

Coca Cola test marketed New Coke by conducting taste testing in focus groups. What marketing function did they implement?

a)

Promotion

b)

Selling

c)

Marketing Information Management

d)

Product/Service Management

16.

A store’s policy states “we accept only cash.” Which marketing utility does this affect?

a)

Form/task

b)

Possession

c)

Time

d)

Place

17.

____________includes the location and methods used to make the product available to the consumer.

a)

Product

b)

Price

c)

Place

d)

Promotion

18.

Brand loyalty is a _______________ variable.

a)

Behavior

b)

Psychographic

c)

Geographic

d)

Demographic

19.

A ____________is anything offered to a market by the business to satisfy needs, could include physical products or intangible services.

a)

Product

b)

Price

c)

Place

d)

Promotion

20.

When segmenting the consumer market, the variables that make up the behavioral category include

a)

Hobbies, sports, and interests

b)

Family size, income level, and ethnicity

c)

Usage rate, brand loyalty, and features desired

d)

Location, climate, and city size

21.

City Size is a _______________ variable.

a)

Behavior

b)

Psychographic

c)

Geographic

d)

Demographic

22.

______________is any form of communication a business or organization uses to inform, persuade, or remind consumers about its products or services.

a)

Product

b)

Price

c)

Place

d)

Promotion

23.

What component of a marketing plan would be the most useful to evaluate a businesses’ current situation and where that business stands in comparison to its competitors?

a)

Business plan

b)

Executive summary

c)

SWOT analysis

d)

Appendix

24.

Surfside Casuals rents warehouse space during the months of January and February to store merchandise ordered for the spring and summer seasons. What marketing function does this activity demonstrate?

a)

Distribution

b)

Finance

c)

Selling

d)

Product/service management

25.

Usage rate is a _______________ variable.

a)

Behavior

b)

Psychographic

c)

Geographic

d)

Demographic

26.

When is it appropriate to conduct a SWOT analysis?

a)

Anytime

b)

Only when a problem occurs within the business

c)

When management says to conduct one

d)

Twice a year

27.

Mass Marketing involves

a)

Only selling to stores that buy in bulk

b)

Studying marketing in a setting with a large group of people

c)

Appealing to the entire market with a broad message

d)

Splitting the market into groups with similar interests

28.

When conducting a SWOT analysis, you must consider the following two internal factors:

a)

Strengths and threats

b)

Opportunities and weaknesses

c)

Strengths and weaknesses

d)

Opportunities and threats

29.

All of the following are advantages of the mass marketing approach except

a)

One product is offered

b)

One advertising campaign is needed

c)

One marketing strategy is required

d)

Satisfies the needs of the majority

30.

A mass market consists of

a)

All customers for a specific type of product

b)

All customers in search of new products

c)

A few potential customers for a few products

d)

All customers for all products

31.

Hobbies are a _______________ variable.

a)

Behavior

b)

Psychographic

c)

Geographic

d)

Demographic

32.

Unsold seats on an airline cannot be stored for future use. This is an example of which characteristic of services?

a)

Heterogeneous

b)

Intangible

c)

Inseparable

d)

Perishable

33.

This term means that differences can occur from one service provider to the next.

a)

Heterogeneous

b)

Intangible

c)

Inseparable

d)

Perishable

34.

The unique name, symbol, or design that identifies a product or company

a)

Good

b)

Brand

c)

Headline

d)

Slogan

35.

The brand ____________ is the unique memorable quality of the brand

a)

Image

b)

Slogan

c)

Content

d)

Name

36.

The legal protection of the words or symbols for use by a company

a)

Patent

b)

Brand character right

c)

Brand invention copyright

d)

Trademark

37.

Number of versions offered within each product line

a)

Product depth

b)

Product width

c)

Product category

d)

Product mix

38.

Proctor and Gamble markets over 250 products that are organized into groups of similar products called

a)

Product categories

b)

Product lines

c)

The product life cycle

d)

The product mix

39.

The packaging of a product can prevent __________ and provide security for the product until a customer can use it.

a)

Tampering

b)

Selling

c)

Discounting

d)

Marketing

40.

This is the physical container or wrapping for a product.

a)

Copyright

b)

Package

c)

Trademark

d)

Brand Mark

41.

The “swoosh” is an example of a _________ for Nike.

a)

Slogan

b)

Logo

c)

Brand Name

d)

Trade Character

42.

An intangible activity that is consumed at the time of production

a)

Slogan

b)

Service

c)

Product

d)

Heterogeneous

43.

A good or service with monetary value that satisfies customers’ needs and wants.

a)

Slogan

b)

Service

c)

Product

d)

Heterogeneous

44.

The number of different product lines carried by a company

a)

Product Category

b)

Product Mix

c)

Product Width

d)

Product Depth

45.

Purchasing a product that you need regularly such as toothpaste or toilet paper would be an example of

a)

Staple Good

b)

Impulse Good

c)

Emergency Good

d)

Unsought Good

46.

A type of shopping good in which products are very similar but have significant price differences.

a)

Convenience good

b)

Unsought good

c)

Attribute-based good

d)

Price-based good

47.

At the beginning of the ___________ stage, few, if any, customers know about the product.

a)

Decline

b)

Introduction

c)

Growth

d)

Maturity

48.

The stage of the product life cycle when sales increase and competition is attracted

a)

Introduction

b)

Growth

c)

Maturity

d)

Decline

49.

The Jolly Green Giant, the Keebler Elf, the Geico Gecko, and the Michelin Man are all examples of

a)

Brand Characters

b)

Trademarks

c)

Brand Inventions

d)

Patents

50.

This ultimately determines if a good or service is an industrial good or a consumer good

a)

Who purchased the product and how it is used

b)

Was the good purchased with cash or credit

c)

How much the buyer is charged for the product

d)

The day of the month that the good is purchased

51.

Customers making up a target market must have all of the following qualities except:

a)

Living close enough to the business to buy the product

b)

Clearly defined wants and needs that the product can meet

c)

Money to buy the product

d)

Willingness and authority to buy the product

52.

Henry Ford offering the Model T automobile to the public in “any color they want as long as its black” is a prime example of

a)

Market Positioning

b)

Corporate Branding

c)

Market Segmentation

d)

Mass Marketing

53.

Which marketing mix element is the easiest to change quickly?

a)

Product

b)

Price

c)

Place

d)

Promotion

54.

The difference between a product mix and a marketing mix is

a)

A product mix consists of decisions made about each of the 4 P’s whereas a marketing mix describes the products a company sells

b)

A product mix refers to the plan of action for marketing a product, whereas a marketing mix consists of decisions made about each of the 4 P’s

c)

A product mix refers to all the products a company sells; whereas the marketing mix describes a plan of action for marketing a product

d)

A product mix refers to the plan of action for marketing a product, whereas a marketing mix describes the product a company sells

55.

A _______________is often used to first introduce a new product.

a)

Trade show

b)

Test market

c)

Shopping Mall

d)

Bookstore

56.

The biggest risk of test marketing is

a)

Your competitors can see your product and copy it

b)

Your investment might not be profitable

c)

Your product might not be accepted

d)

Your prototype might not work correctly

57.

A company CEO scraps an idea for a product because that product idea never worked in the past. This is an example of

a)

Business Analysis

b)

Generating product ideas

c)

Customer Acceptance / evaluation

d)

Idea screening

58.

Buying a magazine that you weren’t originally planning to buy in the checkout line of the grocery store would be an example of what type of good

a)

Emergency Good

b)

Unsought Good

c)

Impulse Good

d)

Staple Good

59.

The packaging of a product can prevent __________ and provide security for the product until a customer can use it.

a)

Selling

b)

Discounting

c)

Tampering

d)

Marketing

60.

This term refers to a specific city or geographic area where marketing experiments are done:

a)

Package Design

b)

Test Market

c)

SWOT Analysis

d)

Industrial Experiment

61.

Which is the least profitable stage of the product life cycle?

a)

Decline

b)

Growth

c)

Maturity

d)

Introduction

62.

How long will the FTC allow a product to be labeled as “new”

a)

Five years

b)

90 days

c)

6 months

d)

One year

63.

According to the Federal Trade Commission, a new product must be

a)

Not have a direct competitor with a similar product for sale

b)

Change the product’s packaging to meet FTC guidelines

c)

Entirely new or changed in a noticeable way

d)

Not use the term “new” for more than 90 days

64.

Mass Marketing

a)

Needs just one marketing mix because it puts all customers in the same group

b)

Takes less experience than target marketing when selling to small markets

c)

Satisfies a small number of customers

d)

Is often efficient and inexpensive

65.

Customers making up a target market must have all of the following qualities except:

a)

Living close enough to the business to buy the product

b)

Clearly defined wants and needs that the product can meet

c)

Willingness and authority to buy the product.

d)

Money to buy the product

66.

The stages a product goes through from the time it enters the market until it is no longer sold

a)

Business cycle

b)

Advertising Cycle

c)

Industrial Cycle

d)

Product life cycle

67.

When a product reaches the ____________ stage, competition among brands is fierce and sales begin to level off.

a)

Introduction

b)

Growth

c)

Maturity

d)

Decline

68.

Marketers promote their brand by distinguishing it from competitors’ brands during the ____________ stage of a product

a)

Introduction

b)

Growth

c)

Maturity

d)

Decline

69.

Gum placed near a counter so customers will buy it is an example of a __________ good

a)

Convenience

b)

shopping

c)

Specialty

d)

unsought

70.

Hiring a plumber when your toilet breaks would be an example of a/an ______________ good

a)

Specialty

b)

Convenience

c)

Unsought

d)

Shopping

71.

The Lay’s Potato Chips “Do Us a Flavor Campaign” is a unique way of involving customers to add and vote on potato chip flavors for the company’s

a)

Product Width

b)

Product Mix

c)

Product Depth

d)

Product line

72.

A product strategy starts with the decision about

a)

Which products to offer

b)

technical support

c)

product features

d)

the target market

73.

When purchasing this type of good, customers will refuse to accept a substitute. These are well known brands and are often very expensive types of goods.

a)

Convenience

b)

Shopping

c)

Unsought

d)

Specialty

74.

Trey hangs posters advertising the school play in local businesses. What marketing function did Trey implement?

a)

Distribution

b)

Financing

c)

Promotion

d)

Selling

75.

Which of the following is an example of adding utility to a product?

a)

A marketer inventories items currently in stock before new items arrive

b)

A bank installs ATM’s in sporting arenas

c)

A store’s mall access is made more secure by closing at 8 p.m.

d)

Making sure products are made in a cost-effective way

76.

Adding new features to a product, such as updating the iPhone, is an example of which marketing function?

a)

Pricing

b)

Product/Service Management

c)

Selling

d)

Marketing Information Management

77.

Firestone decided to offer a new line of snow tires. Under which marketing function does this decision fall?

a)

Pricing

b)

Distribution

c)

Product/Service Management

d)

Promotion

78.

Raising the price of the hot new Christmas toy because of predicted increase demand is an example of which marketing function?

a)

Pricing

b)

Marketing Information Management

c)

Promotion

d)

Distribution

79.

The four elements that make up the marketing mix are:

a)

product, place, purchasing, and distribution

b)

product, place, price, and promotion

c)

product, distribution, purchasing, and price

d)

price, product, place, and purchasing

80.

Decisions made about quality, quantity, size, color, and packaging are part of ____________ strategies

a)

Product

b)

Price

c)

Place

d)

Promotion

81.

A ____________is anything offered to a market by the business to satisfy needs, could include physical products or intangible services

a)

Product

b)

Price

c)

Place

d)

Promotion

82.

____________includes the location and methods used to make the product available to the consumer

a)

Product

b)

Price

c)

Place

d)

Promotion

83.

The __________ is the amount the customer will pay for the product. The value of money or its equivalent placed on a good or service

a)

Product

b)

Price

c)

Place

d)

Promotion

84.

______________is any form of communication a business or organization uses to inform, persuade, or remind consumers about its products or services

a)

Product

b)

Price

c)

Place

d)

Promotion

85.

Which marketing mix element is the easiest to change quickly?

a)

Product

b)

Price

c)

Place

d)

Promotion