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Worksheets2023 Spring PBMF Final
Total questions: 50
Worksheet time: 30mins
The marketing mix is..
The combination of the four basic marketing strategies
The best way to run a business
Target Market
Market Segmentation
What are the four basic p's of the marketing mix?
Price, Position, Place, Promotion
Population, Price, Product, Promotion
Price, Product, Place, Promotion
People, Production, Place, Promotion
Using factors such as age, gender, and race is using what type of market segmentation?
Geographics
Demographics
Psychographics
Behavorial
You read about a civilization that existed many years ago with no organized government and whose economy was based on bartering for goods. This is an example of what type of economy?
Command
Market
Traditional
Product is
the latest invention
the goods and services a business provides to sell to the market
the amount of money a business makes
the amount of money a business spends
Marketing is....
the process of developing, promoting, and distributing products, or goods and services, to satisfy customers' needs and wants
all marketing activities designed to satisfy the needs and wants of sports consumers
the process of developing, promoting, and distributing products, or goods and services to satisfy customers' needs and wants through entertainment, or any diversion, amusement, or method of occupying time
marketing through sports and entertainment
A monopoly is a business ...
that has many competitors
has a few competitors
has no competitors
A good logo should be simple and easy to recognize
True
False
The group of consumers a business focuses their marketing efforts on is called the ....
Target Segmentation
Target Mix
Perfect consumer
Target Market
Your research shows that movie goers like to stop for a cup of coffee and dessert when leaving the theater. You decide to open a coffee and pastry shop near the local theater. This is what type of utility?
Place
Time
Possession
Form
things purchased by consumers
goods
consumer
producer
supply
A person who provides a good or service
producer
need
want
consumer
Basic things humans need to survive
need
want
import
demand
how much of a good or service consumers want
demand
spending
producer
scarcity
money paid to the government through income, sales, and purchase of property
taxes
goods
scarcity
human resource
services provided by people
human resource
import
scarcity
consumer
goods made to use in the production of other goods
capital resouces
demand
taxes
export
A good made in the United States and sent to other countries
export
consumer
savings
taxes
not having enough
scarcity
supply
human resouce
taxes
1-4 letter symbol used to represent a company
tic tok
stocker
stock ticker
stocking
Which of the following is a leadership skill?
breaking new ground
anticipating problems
treating everyone fairly
prioritizing
Which of the following is a way to exhibit professionalism?
certification
teamwork
technology
speech
Which of the following is considered the most important skill in the workplace?
effective communication
knowledge of technology
certification or licensures
leadership strategies
Which of the following defines employability?
a specific style of behavior in the workplace
positive work behaviors & personal qualities which make individuals more likely to gain employment & succeed in their chosen career
arriving at work on-time & successfully completing the tasks assigned
recognizing the question which relate to goals, purpose & needs
Ability to cope with job stress which benefits an individuals' personal & professional life...
time management
problem solving
mannerisms
stress managment
Requires gathering reliable information, assessing the information for answers & selecting a suitable solution based on the situation...
problem solving
stress management
time management
ethical behavior
Ability to motivate people to accomplish a better result for an organization...
teamwork
ethical behaviors
professionalism
leadership
Liabilities
are future economic benefits.
are existing debts and obligations.
possess service potential.
are things of value used by the business in its operation.
Cost to acquire and prepare land for use by the company
liabilitiy
revenues
asset
expenses
Amount owed to employees for hours worked but not yet paid
liability
Asset
Owner equity
Revenue
Cost of telephone used during the current accounting period
Asset
Owner equity
liability
Expense
Cost of merchandise purchased but has not been sold
Asset
Liability
Expense
Owner Equity
Cost of electricity, heat and water that were used during accounting period
Owner's Equity
Revenue
Expense
Asset
Amount earned from providing service to clients, either for cash or on credit.
Expense
Revenue
Asset
Owner's Equity
Amount the owner invested in the company through cash or other assets.
Revenue
Asset
Owner's Equity
Expense
Which of the following is not a liability
Inventory
Car loan
Mortgage
Credit card balance
Which correctly shows a list of assets and liabilities?
Assets: mortgage, car loan, land
Liabilities: retirement savings, cash, credit card loans
Assets: building, cash in hand, accounts receivable
Liabilities: loans, accounts payable, mortgage
Assets: creditors, prepaid expenses, loans
Liabilities: stocks, accounts receivable, car
None of the above
