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Chapter 6: Marketing for Entrepreneurs

Total questions: 25

Worksheet time: 13mins

Name
Class
Date
1.

The 4 P's of Marketing is also known as....

a)

Marketing Concept

b)

Marketing Mix

c)

Marketing Strategy

d)

Marketing Tools

2.

A group of customers with shared attributes that you direct your marketing towards.

a)

Product Placement

b)

Market Segmentation

c)

Target Market

d)
Marketing Mix
3.

Dividing your target market into groups such as demographic or geographic is known as...

a)

Market Mix

b)

Market Segmentation

c)
Market Development
d)

Market Categories

4.

Refers to a good or service that a company offers to customers. (Possibly the most important)

a)

Product

b)

Price

c)

Place

d)

Promotion

5.

Refers to how a product will be delivered to customers and where they can find it.

a)

Product

b)

Promotion

c)

Place

d)

Price

6.

Grouping people with similar lifestyles, as well as shared attitudes, values, and opinions

a)

Demographic

b)

Geographic

c)

Psychographic

d)

Behavioral

7.

Which of the following are included in demographics? (choose all that apply)

a)

Age

b)

Gender

c)

Personality

d)

Occupation

8.

Who is the target market for a nursing home?

a)

Senior Citizens

b)

Athletes

c)

First Responders

d)

Teenagers

9.

What is an example of a brick-and-mortar business?

a)

Food Trucks

b)

Amazon

c)

Ebay

d)

Landscaping Services

10.

B2B is...

a)

Buyer to Buisness

b)

Buisness to Buyer

c)

Buisness to Buisness

d)

Buyer to Buyer

11.

Based on where people live

a)
Geographic
b)
Demographic
c)
Psychographic
d)
Telepathic
12.

___________is based on the way a customer uses the product (shopping patterns, usage rate, benefits)

a)
Mass Marketing
b)
Behavioral
c)
Target Market
d)
Demographic
13.

Segmenting a market based on customers' buying habits is an example of

a)

demographic segmentation

b)

psychographic segmentation

c)

behavioral segmentation

d)

geographic segmentation

14.

4 P's of Marketing

a)

Product, Potential, Public, Price

b)

Public, Person, Promotion, Price

c)

Product, Promotion, Place, Price

d)

Product, Person, Potential, Price

15.

B2C stands for...

a)

Business-to-Business

b)

Business-to-Consumer

c)

Business-to-Collector

16.

The amount of money requested or exchanged for a product. Should cover expenses and allow for a profit

a)

Revenue

b)

Price

c)

Cost

d)

Expenses

17.

The process of communication with customers and potential customers to inform, persuade and remind about products, prices and where they can be purchased

a)

Promotion

b)

Email

c)

Advertising

d)

Social Media

18.

In order to have successful marketing, you must include which of the following (choose all that apply)

a)

Product

b)

Price

c)

Place

d)

Promotion

19.

Emerging trends in deciding where to locate include (choose all that apply)

a)

commercial kitchens

b)

delivery-only business

c)

pop-up stores

d)

shared workspaces and incubators

20.

Curbside pick-up, delivery, subscription-based services are all included in the ______ industry

a)

service

b)

automotive

c)

product

d)

food

21.

Refers to the buying and selling of goods or services using the Internet and the transfer of money and data to execute these transactions

a)

E-commerce

b)

Internet purchasing

c)

Price

d)

Brick-and-mortar selling

22.

Select the types of distribution channels (choose all that apply)

a)

B2B

b)

B2C

c)

Producer to Consumer

d)

Producer to Wholesaler to Consumer

23.

An approach to sales that focus on providing a seamless customer experience whether the client is shopping online from a mobile device, a laptop, or in a brick-and-mortar store

a)

Promotion

b)

Omnichannel

c)

E-commerce

d)

distribution channels

24.

Why is it important to build your brand and create a brand image? (choose all that apply)

a)

Builds credibility and loyalty among potential customers

b)

Keeps customers coming back

c)

It's not important

d)

Easily trusted and gives confidence to your customers

25.

Match the concept with the correct answer

a)

Organizing and defining the marketing goals of a company and gathering strategies and tactics to achieve them

1.

Market Planning

b)

Any technique or a set of practices that companies use to collect information to understand their target market better

2.

Market Research

c)

The existence in digital media through the different online search systems

3.

Online Presence

d)

The promotion of brands to connect with potential customers using the internet and other forms

4.

Digital Marketing