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Worksheets

(1) Product Demand/Utility

Total questions: 15

Worksheet time: 14mins

Name
Class
Date
1.

Which of the following is an example of a tangible item?

a)

Carbon Footprint

b)

Xfinity

c)

T-shirt

2.

Which of the following is an example of possession utility?

a)

Using cloth and thread to make a sweater.

b)

Allowing customers to purchase items using Apple Pay.

c)

Selling hotdogs at a baseball game.

d)

Selling products online.

3.

If a product can not generate customer demand the company will drop or discontinue the product.

a)

True

b)

False

4.

An idea can be considered a type of product.

a)

True

b)

False

5.

One way a company can add value to its products is to make them available 24 hours a day.

a)

True

b)

False

6.

A t-shirt is an example of a tangible item.

a)

True

b)

False

7.

Which of the following is an example of place utility?

a)

Using cloth and thread to make a sweater.

b)

Allowing customers to purchase items using Apple Pay.

c)

Selling hotdogs at a baseball game.

d)

Amazon Prime Day.

8.

What is the main goal of all companies?

a)

To provide customers with quality products.

b)

To make money.

c)

TO provide a safe work environment for their employees.

d)

To develop new and creative ideas.

9.

Which of the following is an example of information utility?

a)

The Genius employees that work at the Apple store.

b)

A sale on Black Friday.

c)

Selling products on Amazon Prime.

d)

Allowing customers to use Venmo to pay for products.

10.

A Tesla car could be considered ........(Select ALL that apply)

a)

A tangible item.

b)

A service.

c)

A remedy

d)

An idea.

11.

Which of the following is an example of possession utility?

a)

Adding new features to the iPhone 14.

b)

Allowing customers to use Klarna to pay for items online.

c)

Selling popcorn at Fox movie theatres.

d)

Back-to-School Sale.

12.

Creating, communicating, and delivery products for consumers.

a)

Consumer Demand

b)

Marketing Mix

c)

Form Utility

d)

Marketing

e)

Utility

13.

The value that is added to a product by satisfying consumer's wants and needs.

a)

Consumer Demand

b)

Marketing Mix

c)

Form Utility

d)

Marketing

e)

Utility

14.

The need/want for a particular product.

a)

Consumer Demand

b)

Marketing Mix

c)

Form Utility

d)

Marketing

e)

Utility

15.

Changing raw materials into finished products.

a)

Consumer Demand

b)

Marketing Mix

c)

Form Utility

d)

Marketing

e)

Utility