Marketing Chapter 5 Review
Quiz
•
Specialty
•
11th - 12th Grade
•
Practice Problem
•
Medium
Shelly Leifer
Used 90+ times
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43 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Competition is becoming less intense for most businesses.
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
To become more competitive, a business needs to understand the strengths and weaknesses of its competition.
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Customers’ needs generally remain the same over time.
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Because most consumers (in first world countries) are able to satisfy their basic needs, they devote more of their resources to satisfying their wants.
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Effective marketing information improves decisions made by businesses.
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Businesses that understand their customers’ wants and needs in their home country will be able to use the same marketing strategies in international markets.
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Effective marketing information reduces the risk of decision making.
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