
MKT1001 Topic 4
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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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