Unit 4: Entrepreneurship Quiz Review

What type of market sells their products or services from one business to another business.

• Business to Business Market

• Global Market

• Emerging Market

• Niche Market

What type of market only caters to specific customer needs or interests

• Business to Business Market

• Global Market

• Emerging Market

• Niche Market

What type of market involves the worldwide exchange of goods and services across international borders, involving both businesses and consumers.

• Business to Business Market

• Global Market

• Emerging Market

• Niche Market

Which type of market includes economies that are experiencing rapid growth and development. ​

• Business to Business Market

• Global Market

• Emerging Market

• Niche Market

Which of the following is an example of a global market?

• Smartphone Users

• Farmers Market

• Electric Vehicles

• Luxury Watches

Which of the following is an example of a niche market?

• Luxury watches

• Marketing agencies

• Smartphone users

• Construction contractor

Which of the following is an example of a business to business (B2B) market?

• Farmer's market

• Luxury watches

• Electric vehicles

• Construction contractor

Which of the following is an example of an emerging market?

• Ride sharing companies in growing cities

• Luxury Watches

• Farmers Markets

• Construction Contractor

Dividing the market based on variables such as location climate, population density, and cultural differences is what type of market segmentation?

• Geographic

• Demographic

• Psychographic

• Behavioral

Dividing the market into categories such as age, income, gender, family size, occupation and level of education is what type of market segmentation?

• Geographic

• Demographic

• Psychographic

• Behavioral