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Marketing Concepts Quiz

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

Marketing is:

a)

Only selling

b)

Only advertising

c)

Satisfying needs and wants through exchange

d)

Only promoting

2.

Which of the following is a Need?

a)

Pizza

b)

Water

c)

iPhone

d)

Netflix

3.

Which of the following is a Want?

a)

Food

b)

Shelter

c)

Air

d)

Burger

4.

Exchange means:

a)

Only producing goods

b)

Giving and receiving something valuable

c)

Saving money

d)

Advertising

5.

A product can be:

a)

Goods

b)

Services

c)

Ideas

d)

All of the above

6.

Customer Satisfaction depends on:

a)

Price only

b)

Product performance vs expectations

c)

Customer’s mood

d)

Advertising

7.

A Market is:

a)

A physical place only

b)

A system bringing buyers and sellers together

c)

Only producers

d)

Only customers

8.

The size of a market depends on:

a)

Number of sellers only

b)

Needs + Money + Willingness to buy

c)

Advertising

d)

Government policies

9.

Which is a Consumer Market?

a)

A factory buying steel

b)

A family buying clothes from a mall

c)

A company buying raw materials

d)

A government office

10.

Which is an Industrial Market?

a)

A student buying a notebook

b)

A family shopping in a supermarket

c)

A factory buying raw materials

d)

A child buying ice cream