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Worksheets1: Marketing Foundations
Total questions: 25
Worksheet time: 25mins
Someone who watches several hours of Netflix every week would be considered what type of user?
light
medium
heavy
occasional
What function of marketing refers to the process of matching customer needs and wants with the features and benefits of a product?
distribution
pricing
selling
promotion
What function of marketing includes advertising and publicity to inform consumers about the company and/or the goods and services?
selling
pricing
product/service management
promotion
Obtaining, developing, maintaining, and improving a good or service is an example of which of the following terms?
product/service management
Henry Ford concept
marketing concept
marketing information management
What term refers to the process of conducting research and analyzing what is taking place among buyers and sellers locally, nationally, or globally?
product/service management
Henry Ford concept
marketing concept
marketing information management
What is another term for intangible products?
goods
needs
services
wants
What are things necessary for survival called?
wants
needs
services
products
What term, when defined, includes distribution, promotion, product/service management, and selling as examples?
distribution
marketing mix
marketing foundations
functions of marketing
What term refers to the process of researching and selecting a group of people with similar characteristics that has the means and the desire to purchase certain goods or services?
consumer market
market
target market
industrial market
What is considered the smallest segmentation of target marketing?
consumers
target market
mass market
niche market
What type of study describes a market in terms of lifestyles, attitudes, personality and values of people?
behavioral
demographics
psychographics
niche marketing
What type of study describes a market in terms of population characteristics (e.g., racial, class, age, gender, marital status)?
behavioral
demographics
psychographics
geographics
If I am selling snow boards in Colorado, which market segmentation applies?
behavioral
demographics
psychographics
geographic
A company who makes baseball caps and targets teenage males is considering which type of market segmentation?
behavioral
demographics
psychographics
geographics
Handing out surveys in order to determine the age of customers would be part of the ______________________ function.
Financing
Distribution
Promotion
Marketing-info-management
A company transporting their products by truck would be considered which marketing function?
Financing
Distribution
Promotion
Marketing-info-management
A restaurant taking out a loan in order to open a new location would be which marketing function?
Financing
Distribution
Promotion
Marketing-info-management
A candle shop packaging online orders for delivery would be part of which marketing function?
Financing
Distribution
Promotion
Marketing-info-management
A newly opened pizza place is offering coupons to get people in the door, this is an example of which marketing function?
Financing
Distribution
Promotion
Marketing-info-management
People who only use Heinz ketchup fall into which type of market segmentation?
behavioral/product benefits
demographics
psychographics
geographics
Food, water and shelter are examples of ______________.
wants
needs
services
products
The haircut I get at my local barber shop is best described as a ________________.
want
need
service
good
Light, medium and heavy users are part of which market segmentation?
behavioral/product benefits
demographics
psychographics
geographic
Determining your target market based on people who have an income of $50,000 per year would be which form of market segmentation?
behavioral/product benefits
demographics
psychographics
geographic
Purchasing expensive, name brand shoes would be best described as an example of a ___________.
good
need
service
want
