5 04

5 04

5th Grade

13 Qs

quiz-placeholder

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5 04

5 04

Assessment

Quiz

Business

5th Grade

Medium

Created by

M B

Used 1+ times

FREE Resource

13 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

refers to the process of creating or improving products or services to meet the needs and desires of customers. It involves researching, designing, and testing products before they are launched into the market.

Product development

Churn rate

Market saturation

Thought leadership

Customer retention

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

is the process of building relationships with potential customers (leads) at every stage of the sales funnel. It involves engaging with leads through targeted content, personalized communication, and timely follow-ups to guide them towards making a purchase decision.

Product development

Churn rate

Market saturation

Thought leadership

Lead nurturing

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

refers to the overall market environment in which a company operates, including its competitors, industry trends, and market dynamics. Understanding the competitive landscape is essential for businesses to develop effective strategies and stay ahead of the competition.

competitive landscape

Churn rate

Market saturation

Thought leadership

Customer retention

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

is an individual user who visits a website or digital platform within a specified time period, typically within 24 hours.

competitive landscape

Churn rate

Market saturation

unique visitor

Customer retention

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

refers to the ability of a company to keep its existing customers over time. It is achieved by providing excellent products, services, and customer support to encourage repeat business and loyalty.

Product development

Churn rate

Market saturation

Thought leadership

Customer retention

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

are measurable metrics used to evaluate the success of a business or specific activities within a business. They help companies track progress towards their goals, identify areas for improvement, and make data-driven decisions.

Product development

Churn rate

Key Performance Indicators (KPIs)

Thought leadership

Customer retention

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

involves establishing oneself or one's company as an authority or expert in a particular industry or field. It often involves sharing insights, ideas, and expertise through content such as articles, blogs, or public speaking engagements.

Product development

Churn rate

Market saturation

Thought leadership

Customer retention

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