WorksheetsEntrep Reviewer Finals
Total questions: 22
Worksheet time: 12mins
It is an environmental factor which refers to the perceptions, value system, or religion of these groups influence their buying behavior.
Cultural Factor
Social Factor
Psychological Factor
Personal Factor
Physical Factor
It is an environmental factor which refers to the relationship of consumers to the society. An example the consumer usually buys according to his/her belonging or social class.
Cultural Factor
Social Factor
Psychological Factor
Personal Factor
Physical Factor
It is an environmental factor which refers to the personal characteristics of the buyer. A personal characteristic refers to age, income, occupation and lifestyle.
Cultural Factor
Social Factor
Psychological Factor
Personal Factor
Physical Factor
It is an environmental factor which refers refers to the perceptions, beliefs and attitudes of consumers. Their experiences commonly applied to the products that they bought or about to buy.
Cultural Factor
Social Factor
Psychological Factor
Personal Factor
Physical Factor
It is usually defined as scientific investigation. It about collecting data, presentation, analysis and interpretation of data gathered. It is conducted and being used to study and determine the buying behavior of consumers.
Environmental Analysis
Business Plan
Research
Environmental Factor
Buying Behavior
It is a type of entrepreneurial research that refers to the preliminary research work and used in solving a problem or formulate a hypothesis.
Exploratory Research
Descriptive Research
Causal Research
Applied Research
Fundamental Research
It is a type of entrepreneurial research that refers to one that is used to describe the present buying behavior.
Exploratory Research
Descriptive Research
Causal Research
Applied Research
Fundamental Research
It is a type of entrepreneurial research that is a correlational study. It is to establish the relationship or cause and effect situation.
Exploratory Research
Descriptive Research
Causal Research
Applied Research
Fundamental Research
These are information that can be counted or computed. These are numerical values. Examples are income, sales of the product, age and the like.
Quantitative Data
Primary Data
Secondary Data
Qualitative Data
These are descriptive and cannot be counted. Some examples are gender, culture and social class.
Quantitative Data
Primary Data
Secondary Data
Qualitative Data
These are data directly from the consumers in the target segment.
Quantitative Data
Primary Data
Secondary Data
Qualitative Data
These are information that was previously gathered by another researcher.
Quantitative Data
Primary Data
Secondary Data
Qualitative Data
It is a type of buying behavior that refers to people buying expensive products and performing the steps in buying decision.
Simple Buying Behavior
Complex Buying Behavior
Brand Sensitive Buying Behavior
Price Sensitive Buying Behavior
It is a type of buying behavior that refers to people buying low price goods and do not care about the brand.
Simple Buying Behavior
Complex Buying Behavior
Brand Sensitive Buying Behavior
Price Sensitive Buying Behavior
It is a type of buying behavior that refers to consumers being attached to the brand. They buy because of the brand.
Simple Buying Behavior
Complex Buying Behavior
Brand Sensitive Buying Behavior
Price Sensitive Buying Behavior
It is a type of buying behavior that refers to consumers buying expensive products because they believe expensive products are high quality.
Simple Buying Behavior
Complex Buying Behavior
Brand Sensitive Buying Behavior
Price Sensitive Buying Behavior
It is a combination of seven factors, or kinds of choices, that a company deals with in order to properly and efficiently market their products and services.
(a)
The 7 P’s of marketing are product, place, price, people, packaging, planning and positioning.
TRUE
FALSE
BOTH ANSWERS ARE CORRECT
BOTH ANSWERS ARE INCORRECT
CANNOT BE DETERMINED
These are goods that offered to customers. It can be a tangible goods or intangible like services.
Product
Consumer Product
Industrial Product
ALL OF THE ABOVE
NONE OF THE ABOVE
This is where your target customers are. An entrepreneur must establish and choose the strategic place for the venture.
Product
Place
Positioning
Promotion
Price
This is set based on availability of competing products, cost of making the product, type of product and stages of product.
Product
Place
Positioning
Promotion
Price
Consumer Products includes convenience goods, shopping goods, speciality goods, and raw materials
TRUE
FALSE
BOTH ANSWERS ARE CORRECT
BOTH ANSWERS ARE INCORRECT
CANNOT BE DETERMINED
