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MKT1001 Topic 4

Authored by WT C

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MKT1001 Topic 4
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17 questions

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1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is true with regard to products?

The quality of products is far more difficult to measure than that of services.

Products do not include experiences, organizations, persons, places, and ideas.

Products are not meant for sale in the market.

Products include services, events, persons, places, organizations, ideas, or a mixture of these.

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

________ are a form of product that consists of activities, benefits, or satisfactions offered for sale that are essentially intangible and do not result in the ownership of anything.

Liabilities

Services

Brands

Consumer products

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following exemplifies a service?

candy

laptop

hair salon

laundry detergent

4.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Marketing mix planning begins with ________.

building an offering that brings value to target customers

finding a suitable promotion strategy for the product

setting a reasonable price for the product

selecting the right channel for distribution of the product

5.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following is an example of a pure tangible good?

a laptop with a comprehensive warranty for three years

an agency that offers free legal advice

a bag of potato chips

an online shoe retailer that provides free home delivery

6.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

Which of the following product offerings is intangible?

a taxi ride

a wool jacket

an ink cartridge for a printer

a package of laundry detergent

7.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

________ are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort.

Unsought products

Capital items

Shopping products

Convenience products

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