Marketing Chapter 5 Review

Marketing Chapter 5 Review

11th - 12th Grade

43 Qs

quiz-placeholder

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Marketing Chapter 5 Review

Marketing Chapter 5 Review

Assessment

Quiz

Specialty

11th - 12th Grade

Practice Problem

Medium

Created by

Shelly Leifer

Used 90+ times

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43 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Competition is becoming less intense for most businesses. 

true
false

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

To become more competitive, a business needs to understand the strengths and weaknesses of its competition. 

true
false

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Customers’ needs generally remain the same over time. 

true
false

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. 

true
false

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Effective marketing information improves decisions made by businesses. 

true
false

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. 

true
false

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Effective marketing information reduces the risk of decision making. 

true
false

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