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Chapter 1 - Intro to Po Marketing

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Marketing, more than any other business function, deals with ________.

a)

sales

b)

advertising

c)

customers

d)

new products

2.

Marketing is primarily concerned with engaging customers and secondarily with managing profitable customer relationships.

a)

TRUE

b)

FALSE

3.

________ are the form human needs take as they are shaped by culture and individual personality.

a)

Wants

b)

Needs

c)

Service

d)

Benefit

4.

What are the 4P's in Marketing

a)

Product, Pragmatic, Place, Promotion

b)

Product, Price, Packaging, Pamphlet

c)

Product, Price, Place, Promotion

d)

Product, Price, Pragmatic, Pamphlet

5.

A market is a segment of potential consumers who share a common need or want.

a)

TRUE

b)

FALSE

6.

When backed by buying power, wants become needs.

a)

True

b)

False

7.

Consumers' needs and wants are fulfilled through ____.

a)

value

b)

demand

c)

desire

d)

market offerings

8.

Market offerings include entities such as people, places, information, and ideas.

a)

True

b)

False

9.

________ are defined as states of felt deprivation.

a)

Needs

b)

Ideas

c)

Demand

d)

Wants

10.

What is marketing?

a)

Selling products to target market

b)

Competing with other business

c)

Process to create value for customers

d)

Delivering goods to final consumers