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Worksheets

PRINCIPLES OF MARKETING

Total questions: 50

Worksheet time: 25mins

Name
Class
Date
1.

A set of marketing tool or tactics, used to promote a product or services in the market and sell it.

a)

Promotions

b)

Advertisement

c)

Marketing Mix

d)

Market Returns

2.

The person who introduces the 4 P's of marketing mix is ___________.

a)

Jerome Mcgregor

b)

Bernard Booms

c)

Jerome McCarthy

d)

Mary Jo Bitner

3.

This serves to contain and protect, and, sometimes, identify and promote the product.

a)

Product

b)

Packaging

c)

Packing

d)

Container

4.

________ is a display of information about a product on it’s container, packaging, or on the product itself.

a)

Label

b)

Prints

c)

Logo

d)

Product name

5.

These are a competitive tool for differentiating the company's product from competitors' products.

a)

Product Consistency

b)

Product Level

c)

Product Quality

d)

Product Features

6.

In the narrowest sense, quality can be defined as “___________   _______   __________.”

a)

Freedom from defects

b)

Freedom for defects

c)

Freedom and defects

d)

Freedom with defects

7.

Examples of this business are therapy sessions, haircut, legal advice, surgery.

a)

Services

b)

Wants

c)

Goods

d)

Demand

8.

This item can be physical, virtual or in cyber form.

a)

Service

b)

Product

c)

Goods

d)

Inventory

9.

___________ cost are expenses incurred by the organization that are not related to the manufacture of the product.

a)

Variable

b)

Price

c)

Utility

d)

Fixed

10.

The extent to which customers are familiar with the distinctive qualities or image of a particular brand of goods or services.  

a)

Product awareness

b)

Brand awareness

c)

Feature awareness

d)

Promotions

11.

The network of all the individuals, organizations, resources, activities and technology involved in the creation and sale of a product.

a)

Supply chain

b)

Value chain

c)

Product development

d)

Product evolution

12.

The process of moving products from the producer to the intended users is called ____________.

a)

Product

b)

Place

c)

Promotion

d)

Packaging

13.

The path through which products pass to get from the producer to the consumer.

a)

Media

b)

Shopping sites

c)

Sales agent

d)

Distribution channel

14.

Are companies, organizations, or individuals that assist manufacturers with operations to distribute products to consumers.  

a)

Market channels

b)

Market

c)

Market intermediaries

d)

Market sellers

15.

_______ is the sale of goods for resale.

a)

Wholesaling

b)

Retailing

c)

Selling

d)

Bulking

16.

The sale of goods/services to the final customers for his personal consumption.

a)

Wholesaling

b)

Retailing

c)

Selling

d)

Bulking

17.

Defined as any paid and public presentation of products, services, or ideas, by an identified sponsor through a medium.

a)

Promotions

b)

Channel

c)

Advertising

d)

Prints

18.

Are activities or a series of activities, usually short-term, that are intended to boost the sales of a product or service.

a)

Promotions

b)

Advertising

c)

Channel

d)

Prints

19.

___________ promotions are intended for marketing intermediaries such as retailers. This is to encourage the intermediaries to increase purchases.

a)

Consumer

b)

Public relations

c)

Trade

d)

Personal selling

20.

The purpose of _________ promotions is to induce product trial, encourage brand switching, or reward consumer patronage.

a)

Consumer

b)

Public relations

c)

Trade

d)

Personal selling

21.

This occurs when an individual salesperson sells a product, service, or solution to a client.

a)

Consumer

b)

Trade

c)

Public relations

d)

Personal selling

22.

_________ _________ is creating and maintaining goodwill of an organization's various publics through publicity and other non-paid forms of communication.

a)

Consumer

b)

Trade

c)

Public relations

d)

Personal selling

23.

This attempt to provide a product brand as the solution to a current consumption problem experienced by customers (e.g. deodorant advertisement).

a)

Functional

b)

Emotional

c)

Experimental

d)

Symbolic

24.

This advertising message attempt to promote brands using high sensory value (e.g. advertisement of a popular vitamin E product) .

a)

Functional

b)

Emotional

c)

Experimental

d)

Symbolic

25.

This attempt to associate brand ownership with an aspirational group which addresses other abstract needs.

a)

Functional

b)

Emotional

c)

Experimental

d)

Symbolic

26.

An advertising technique used by companies to promote products subtly through appearances on film, television, or other media.

a)

Directory advertising

b)

Product placement

c)

Direct response advertising

d)

Transit advertising

27.

An advertising technique that posts signage on the side or back of a bus, a jeepney spare tire cover, or perched at the top a taxicab can create a good brand recall.

a)

Directory advertising

b)

Product placement

c)

Direct response advertising

d)

Transit advertising

28.

More commonly known as the "Yellow Pages", this medium has been declining rapidly.

a)

Directory advertising

b)

Product placement

c)

Direct response advertising

d)

Transit advertising

29.

The relatively low cost but high exposure to heavy traffic along major thoroughfares have led to the popularity of this advertisement.

a)

Product placement

b)

Billboard

c)

Direct response advertising

d)

Transit advertising

30.

Used extensively on television during specific periods of the day and usually presented in telemarketing programs.

a)

Directory advertising

b)

Prestige pricing

c)

Direct response advertising

d)

Transit advertising

31.

A pricing method premised to the theory that consumer perceives products in a lower price that they actually are. Example: 99.00, 99.95

a)

Promotional pricing

b)

Predatory Pricing

c)

Odd pricing

d)

Marginal pricing

32.

A pricing strategy where the firm prices its product lower than unit variable cost, initially resulting in short-term losses.

a)

Odd pricing

b)

Prestige pricing

c)

Promotional pricing

d)

Predatory Pricing

33.

A pricing strategy that disregards the unit cost of a product or service.

a)

Predatory Pricing

b)

Prestige pricing

c)

Marginal pricing

d)

Odd pricing

34.

A pricing strategy involving a temporary reduction in the selling price of a product/service in order to induce trial or to encourage repeat purchase.

a)

Prestige pricing

b)

Marginal pricing

c)

Odd pricing

d)

Promotional pricing

35.

Business organization prices its product at a range below its unit cost but higher than its unit variable cost.

a)

Odd Pricing

b)

Marginal pricing

c)

Prestige pricing

d)

Predatory Pricing

36.

Key Functions of Market Intermediaries: (a)   collection and dissemination

37.

Key Function of Market Intermediaries: (a)   storage and collection

38.

Key Function of Market Intermediaries: Operational (a)  

39.

Key Function of Market Intermediaries: Product (a)  

40.

Key Function of Market Intermediaries: (a)   taking

41.

The new product development process: (a)   generation

42.

The new product development process: Idea (a)  

43.

The new product development process: Concept (a)   and testing

44.

The new product development process: Business (a)  

45.

The new product development process: (a)   development

46.

The new product development process: (a)   testing

47.

The new product development process: Product (a)  

48.

(a)   distribution is limited to a

select number of dealer,

usually one or a few.

49.

(a)   distribution is used mostly by fast-moving consumer goods and convenience goods, involves

making a product available in as many retail outlets as possible.

50.

(a)   distribution is positioned between exclusive and intensive distribution, this type of product distribution involves the use of more than one but not as many dealers asin intensive distribution.