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marketing

Total questions: 20

Worksheet time: 13mins

Name
Class
Date
1.

what are the 4 p's?

a)

price , promotion, profit , product

b)

price , promotion , place , product

c)

promotion , product, pay , planning

d)

planning, price, product , profit

2.

what is the Boston matrix?

a)

A portfolio of products can be analysed.This categorises the products into one of four different areas

b)

A portfolio of products can be analysed.This categorises the products into one of five different areas

c)

A portfolio of products can be analysed.This categorises the products into one of six different areas

d)

a model which helps businesses analyse their portfolio of businesses and brands

3.

what category from the Boston matrix has low market share but high growth?

a)

dog

b)

question mark

c)

star

d)

cash cow

4.

what category from the Boston matrix has low growth yet high market share?

a)

cash cow

b)

question mark

c)

dog

d)

problem child

5.

what type of product is it of it has 60% market share and 0.3% market growth?

a)

star

b)

question mark

c)

dog

d)

cash cow

6.

which is a type of secondary research?

a)

newspaper

b)

online survey

c)

focus group

d)

observation

7.

what is primary research?

a)

Desk research is information that is second hand. It has already been collected by someone else.

b)

Field research is information that is first-hand information. It has been collected by the business for a specific purpose.

8.

what is an advantage of a face to face interview?

a)

Researcher can encourage respondent to answer

b)

Researchers have to be selected and trained

c)

Inexpensive

d)

Quantitative information gathered

9.

what are the 4 stages of the product life cycle?

a)

maturity, growth , decline and sales

b)

introduction, growth, maturity, and decline.

c)

introduction , growth , maturity, profit

d)

maturity , growth , promotion , research and development

10.

which is a type of market research that deals with facts and figures?

a)

qualitative

b)

primary

c)

secondary

d)

quantitative

11.

why don't new products reach the launch stage ?

a)

low costs

b)

inadequate demands

c)

little competition

d)

production problems

12.

what is an example of a cash cow product

a)

coca cola

b)

Kinley water

c)

Mp3 player

d)

diet coke

13.

Give an example of a question mark product

4 lines
14.

what is the last stage of the product life cycle

a)

maturity

b)

introduction

c)

growth

d)

decline

15.

is there normally a positive cash flow or a negative cash flow in the introduction stage?

a)

positive

b)

negative

16.

which stage of the product life cycle is facebook in?

a)

decline

b)

maturity

c)

growth

d)

introduction

17.

what is the definition of extension strategies?

a)

global integration of the worlds economies

b)

decrease sales in order to keep it in the decline phase

c)

is a practice used to increase the market share for a given product or service and thus keep it in the maturity phase

d)

an individual who owns and controls a business

18.

does Heinz beans have a long life cycle?

a)

long life cycle

b)

short life cycle

19.

what is the definition of the product life cycle?

a)

a theoretical model that describes the stages that the product goes through

b)

is a practice used to increase the market share for a given product or service and thus keep it in the maturity phase

c)

the action or business of promoting and selling products or services, including market research and advertising.

d)

a model of sales

20.

are there 5 p's?

a)

true

b)

false