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WorksheetsMarketing Mix (Price) Quiz
Total questions: 20
Worksheet time: 10mins
____________________ The rivalry among sellers for consumers' dollars.
Competition
Cooperation
Monopoly
Collaboration
____________________ product assortment refers to different products offered to customers.
Product Mix
Product Line
Product Category
Product Type
____________________ is several related products under one brand sold by the same company for the same market.
Product Line
Product Mix
Product Category
Product Range
The number of products bought at a specific time and price.
Demand
Supply
Equilibrium
Surplus
____________________ The elements that represent a company and set them apart from the competition.
Brand Identity
Logo Design
Marketing Strategy
Product Packaging
The number of like products offered for sale at a specific time and price.
Supply
Demand
Inventory
Cost
____________________ The incentive and reward for producing goods and services.
Profit
Loss
Revenue
Cost
____________________ the main factors in marketing a product.
Marketing Mix
Product Placement
Sales Strategy
Customer Feedback
What should the company charge for the product?
Price
Cost
Value
Expense
The group to whom you want to sell your product and where your product can best capture their attention.
Target Audience
Marketing Strategy
Sales Team
Product Features
____________________ The process of promoting and selling a product or service.
Marketing
Production
Distribution
Manufacturing
____________________ The process of determining the best way to deliver a product or service to consumers.
Distribution
Marketing
Production
Manufacturing
This P reflects what customers are willing to pay.
Place
Price
Promotion
Product
Which of the following is NOT one of the 4 P's of marketing?
Product
Price
Place
Publish
This P determines payment plans and credit options
Place
Price
Promotion
Product
Applies to products for higher profit
PRODUCT
PRICE
PLACE
PROMOTION
What represents the actual cost to pay for a service or good?
Price
Product
Promotion
Place
Do internal and external factors affect product pricing for retailers?
True
False
Price and cost are the same.
True
False
