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Marketing Introduction

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Which sentence identifies the correct relationship between advertising and marketing?

a)

Advertising and marketing are the same.

b)

 

Advertising is one aspect of marketing.

c)

Marketing is one aspect of advertising.

d)

Advertising and marketing are entirely different concepts.

2.

The process of identifying existing or potential customers as B2C or B2B customers is ____.

a)

market identification

b)

channel management

c)

 

market targeting

d)

product management

3.

The plan for using product, price, place, and promotion to market a specific product or group of products is its ____.

a)

marketing concept

b)

marketing-information management

c)

promotional mix

d)

marketing mix

4.

he four Ps of marketing include ____.

a)

profit, product, promotion, and place

b)

 

product, price, place, and promotion

c)

price, profession, product, and place

d)

personal, product, place, and price

5.

Which of the following statements about marketing is not true?

a)

Maintaining relationships with customers is a good business practice.

b)

Marketing involves building a relationship between buyers and sellers.

c)

 

It is more costly to keep a current customer than to attract a new one.

d)

Long-term relationships result in customers who are loyal to the business.

6.

A company's profit is the ____ during a specific time period.

a)

 

total number of sales, including returns

b)

 

total income earned by sales

c)

difference between income earned and expenses incurred

d)

amount of money the company charges for each product

7.

Which of the following is an example of a good?

a)

shoe

b)

haircut

c)

rebate

d)

coupon

8.

Which of the following decisions is included in promoting a product?

a)

 

determining where to locate manufacturing plants and stores

b)

how to inform people about the product and where to buy it

c)

planning the shipping and warehousing of the product

d)

determining whether to offer a good, service, or idea

9.

Another name for marketing research is ____.

a)

channel management

b)

market planning

c)

marketing-information management

d)

product/service management

10.

A clock manufacturer turns plastic, metal, and various electronics into grandfather clocks. This is an example of ____.

a)

information utility

b)

time utility

c)

place utility

d)

form utility