MARKETING MANAGEMENT 2
Quiz
•
Business
•
12th Grade
•
Medium
John Dormentes
Used 2+ times
FREE Resource
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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is market segmentation?
The process of dividing a broad customer base into sub-groups
The process of creating a new product
The process of pricing products
The process of promoting products
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT a characteristic typically looked for in market segmentation?
Common needs
Common interests
Common geographical location
Common income level
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the marketing mix consist of?
Product, price, promotion, place
Product, price, people, process
Price, place, promotion, packaging
Product, price, promotion, packaging
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which element of the marketing mix refers to the amount charged for a product or service?
Product
Price
Promotion
Place
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is meant by 'place' in the marketing mix?
The location where a product is manufactured
The distribution channels used to deliver the product to consumers
The physical store where products are sold
The online presence of a company
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is an example of a convenience good?
A washing machine
A luxury car
A packet of biscuits
A designer handbag
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Shopping goods are characterized by:
Frequent purchases with little planning
High involvement in the purchase decision process
Being consumed quickly
Low price points
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