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Marketing Concepts

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10th - 12th Grade

Used 503+ times

Marketing Concepts
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12 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large is ____________________________.

Marketing
Goods 
Services
Services
Pricing

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Tangible items that have monetary value and satisfy one’s needs and wants are__________.

services
ideas 
concepts
goods

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Intangible items that have monetary value and satisfy your needs and wants are_________.

promotions
selling
services
ideas

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The idea that a business should strive to satisfy customers’ needs and wants while generating a profit for the business is______________.

marketing concepts
services
target markets
marketing

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An added value in economic terms; an attribute of goods or services that makes them capable of satisfying consumers’ wants and need is _________________.

possession utility
utility
form
marketing

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

All people who share similar needs and wants and who have the ability to purchase a given product is _________________.

market share
customer profile
Market
goods and services

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Consumers who purchase goods and services for personal use are _________________.

markets
organizational market
target market
consumer markets

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