Marketing and Goods vs. Services

Marketing and Goods vs. Services

12th Grade

10 Qs

quiz-placeholder

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Marketing and Goods vs. Services

Marketing and Goods vs. Services

Assessment

Quiz

Business

12th Grade

Easy

Created by

Ludevicopier Tejan

Used 2+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is marketing?

Selling products to consumers.

Promoting and delivering value to satisfy customer needs and wants.

Manufacturing goods.

Providing services.

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

How can you distinguish between a good and a service?

Goods are tangible products, while services are intangible actions or experiences.

Goods are always more expensive than services.

Goods are only sold to businesses, while services are sold to consumers.

Services are always physical items, while goods are non-physical.

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Which of the following is an example of a good?

Haircut.

Smartphone.

Consulting service.

Legal advice.

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Which of the following is an example of a service?

Car.

Computer.

Restaurant meal.

Furniture.

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is the primary focus of marketing?

Maximizing profits.

Creating innovative products.

Satisfying customer needs and wants.

Reducing production costs.

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Which of the following is NOT an element of the marketing mix?

Product.

Price.

Place.

People.

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is the purpose of market research in marketing?

To increase production.

To reduce advertising costs.

To understand customer preferences and make informed decisions.

To eliminate competitors.

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