WorksheetsMarketing Vocabulary
Total questions: 20
Worksheet time: 15mins
Name
Class
Date
1.
What is Marketing?
a)
Marketing is the process of promoting, selling, and distributing a product or service to attract and retain customers.
b)
Marketing is the process of financial management.
2.
Who is a customer?
a)
An individual or business that purchases goods or services from a seller or supplier.
b)
Someone who manufactures products
3.
What is a Marketing Plan?
a)
A Marketing Plan is a one-time promotional event organized by a company.
b)
A Marketing Plan is a comprehensive document that outlines a company's advertising and marketing efforts for a specific period.
4.
What is a buyer?
a)
A buyer is a type of marketing strategy.
b)
A buyer is a person or entity that purchases goods or services.
5.
What does it mean to purchase?
a)
To buy goods or services in exchange for money.
b)
To give away goods or services for free
6.
What is a retail product?
a)
A retail product is a physical or digital item that is sold to consumers through various distribution channels.
b)
A retail product is a term used to describe the process of marketing products online.
7.
What is a purchaser?
a)
A seller of goods or services
b)
An individual or organization that buys goods or services
8.
What is cost?
a)
Cost is the number of items in a set.
b)
Cost is the amount of money required to purchase or produce a good or service.
9.
What is hypothsis?
a)
A hypothesis is a random idea that cannot be tested.
b)
A hypothesis is a proposed explanation for a phenomenon or a scientific question that can be tested through experimentation or observation.
10.
What is effort?
a)
Mental relaxation
b)
Exertion of physical or mental energy towards achieving a goal or completing a task
11.
What does achieve mean?
a)
To successfully accomplish or bring about a desired result or goal
b)
To fail miserably
12.
What is customer satisfaction?
a)
Customer satisfaction is the measure of how products or services provided by a company fall short of customer expectations.
b)
Customer satisfaction is the measure of how products or services provided by a company meet or surpass customer expectations.
13.
What is a customer survey?
a)
A customer survey is a type of food delivery service
b)
A customer survey is a tool used by businesses to collect feedback from customers regarding their products or services.
14.
What is a business manager?
a)
A business manager is a firefighter responsible for extinguishing fires.
b)
A business manager is an individual responsible for overseeing and coordinating the activities of a business or department within an organization.
15.
What is a retail commercial?
a)
A retail commercial is a physical location where goods or services are sold directly to consumers.
b)
A retail commercial is a form of transportation service.
16.
What is a retail advertisement?
a)
A retail advertisement is a type of currency used in retail stores.
b)
A retail advertisement is a promotional message that businesses use to attract customers to their products or services.
17.
What is a potential customer?
a)
An individual or organization that has shown interest in a product or service and has the potential to become a paying customer.
b)
A random passerby
18.
What does shared values mean?
a)
Individual beliefs only
b)
Beliefs, principles, and norms commonly accepted and upheld by a group of individuals or a society.
19.
Market is only used to refer to a place buyers and sellers meet to buy and sell goods
a)
True
b)
False
20.
Why is marketing important in retail?
a)
Retail can thrive without marketing efforts
b)
Marketing is important in retail to attract customers, increase brand awareness, drive sales, and differentiate from competitors.
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