Wayground logo

Free Printable Worksheets

Font size

S
M
L
XL
Worksheets

Entrepreneurship 1 Unit 3 Review

Total questions: 25

Worksheet time: 15mins

Name
Class
Date
1.

Which is not a method of market segmentation?

a)

Geographic Segmentation

b)

Dramatic Segmentation

c)

Demographic Segmentation​

d)

Behaviouristic Segmentation​

2.

How many PRIMARY TYPES of market segmentation are there?

a)

2

b)

4

c)

6

d)

8

3.

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

a)

demographic segmentation

b)

psychographic segmentation

c)

behavioral segmentation

d)

geographic segmentation

4.

When a business divides its market on the basis of where its customers live is called

a)

geographic segmentation

b)

demographic segmentation

c)

psychographic segmentation

d)

behavioral segmentation

5.

Segmenting a market based on customers' attitudes, opinions, and interests is called

a)

Demographics

b)

Psychographics

c)

Geographics

d)

Market Segmentation

6.

The marketing mix is also known as:

a)

Market Functions

b)

Market Segmentation

c)

The Four P's of Marketing

d)

Market Concept

7.

Age

a)

Geographic

b)

Demographic

c)

Psychographic

d)

Behavioral

8.

What are the 4 P's of Marketing?

a)

Promotion, planning, puzzles, prizes.

b)

Product, price, promotion, place.

c)

Product, planning, promotion, people.

d)

Product, place, promotion, people.

9.

Match the following term to its definition.

a)

Product

1.

What a company is offering for sale to customers to satisfy their needs and wants

b)

Price

2.

The amount of money consumers will pay for a product

c)

Place

3.

The way products are distributed and their systems of delivery

d)

Promotion

4.

Any form of communication that a business uses to remind people to buy its product

10.

Match the following Methods of Market Segmentation

a)

Demographics

1.

personal characteristics such as age, income, gender, education, etc.

b)

Geogrpahic

2.

statistics about where people live, Could include region, city, county, and climate

c)

Psychographics

3.

social and psychological characteristics such as attitudes, interests, and opinions

d)

Behavioral

4.

Analyzing customers with regard to sales generated, shopping patterns, purchase decision making etc.

11.

NAIL POLISH

a)

PRODUCT

b)

PRICE

c)

PLACE

d)

PROMOTION

12.

OIL CHANGE

a)

PRODUCT

b)

PRICE

c)

PLACE

d)

PROMOTION

13.

MARK DOWN $1.00

a)

PRODUCT

b)

PRICE

c)

PLACE

d)

PROMOTION

14.

CONCERT TICKETS

a)

PRODUCT

b)

PRICE

c)

PLACE

d)

PROMOTION

15.

THE MIDWEST STATES

a)

PRODUCT

b)

PRICE

c)

PLACE

d)

PROMOTION

16.

BASKETBALL SHOES

a)

PRODUCT

b)

PRICE

c)

PLACE

d)

PROMOTION

17.

Which company's USP is:

Think Outside the Bun

a)

McDonalds

b)

Wendy's

c)

KFC

d)

Taco Bell

e)

Burger King

18.

Which company's USP is:

Finger Lickin' Good

a)

Wendy's

b)

McDonalds

c)

Taco Bell

d)

KFC

e)

Burger King

19.

When it absolutely, positively has to be there overnight.

a)

FedEx

b)

USPS

c)

DHL

d)

UPS

20.

Impossible is nothing

a)

Nike

b)

Adidas

c)

Reebok

d)

Puma

21.

15 minutes could save you 15% on car insurance.

a)

State Farm

b)

All State

c)

Geico

d)

Progressive

22.

Nothing runs like a deer.

a)

Ford

b)

Chevrolet

c)

Toyota

d)

John Deere

23.

Taste the rainbow

a)

M & M's

b)

Skittles

c)

Jelly Beans

d)

Smarties

24.

Obey Your Thirst

a)

Pepsi

b)

Mt. Dew

c)

Sprite

d)

Fanta

25.

You get fresh, hot pizza delivered to your door in 30 minutes or less or it's free

a)

Papa John's

b)

Pizza Hut

c)

Domino's Pizza

d)

Little Caesars