SUMMATIVE TEST IA MODULE 1-6

What do you call an art and technology that protects the product during transferring, storage, distribution and use?

• labelling

• packaging

• tagline

• trademark

Danne bought a new lampshade at the supermarket. He noticed some information written on the box and a piece of paper with instructions. What do you call on that piece of paper attached to box that has the information about the product?

• label

• package

• tagline

• trademark

What do you call to number of people who are skillful to get something done?

• manager

• manpower

• manufacturer

• utility worker

Geremy spends his money wisely in creating his plan for a product. What will be his best planning idea?

• budget

• capital

• debt

• loan

Guada aims to align a range of business and operational factors to focus on product. What plan she should use?

• budget planning

• label planning

• market planning

• product planning

It is the exchange of commodity, product and services for money.

• capital

• expenses

• liability

• sales

It is the money spent on the product including the labor, transportation, utilities, packaging, promotion on the product and others.

• expenses

• income

• liability

• profit

It is the amount gained from the sales of products or services after deducting the amount spent in buying, operating or producing the product.

• expenses

• liability

• profit

• sale

Ryca advertised her product through newspapers, magazines and flyers. Which of the following marketing strategy did she use?

• direct marketing

• advertising in print media

• distributing products via transport system

• radio, television and internet advertising

At this time of pandemic, Mr. Javier wants to use modern style of marketing that will help him sell his bamboo products without spending much. What is the most effective marketing strategy should he use?

• cellphone communication

• online marketing

• radio marketing

• telephone communication