Class 8 Semester 2 Revision Questions

Which of the following is NOT one of the 4Ps of the marketing mix?

• Product

• Price

• People

• Promotion

Which of the following is an example of "Place" in the marketing mix?

• Offering discounts

• Using online and retail stores to sell products

• Packaging design

• Setting premium pricing

A company offering a “Buy 1 Get 1 Free” deal is using which element of the marketing mix?

• Product

• Price

• Promotion

• Place

Which marketing mix element involves decisions about branding, features, and design?

• Product

• Price

• Place

• Promotion

_____is concerned with how the product reaches the customer, including distribution channels and locations.

What is the main purpose of promotion in marketing?

• To set product pricing

• To increase production efficiency

• To inform, persuade, and remind customers

• To select distribution channels

A company giving away free samples at a supermarket is using which promotional method?

• Advertising

• Public relations

• Sales promotion

• Personal selling

The total cost of production includes both fixed costs and ________ costs.

When production increases, total variable costs ________

If the total cost of producing 200 units is $3,000, what is the average cost per unit?

• $10

• $15

• $20

• $25