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Chapter 1 Quiz Review

Authored by Jeff Lemon

Life Skills

9th - 12th Grade

Used 43+ times

Chapter 1 Quiz Review
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19 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

WHICH ECONOMIC UTILITY IS MISSING FROM THIS LIST?

FORM, TIME, PLACE, INFORMATION

Benefits

Impact

Utility

Possession

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

WHAT ARE THE PROMOTIONAL STRATEGIES IN A MARKETING CAMPAIGN DESIGNED TO DO?

HIDE YOUR PRODUCT FROM A CONSUMER

Promote your product

Have your product returned with the demand of refund

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

An example of form utility is which of the following?

Adding aloe to generic hand soap

Adding lighter fluid to charcoal on a grill

Adding wheels to a board to make it a skateboard

All of the above

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Marketing is best described as which of the following?

Assisting in selling a product or idea

Accepting ruined material

Unhappy customers

All of the above

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Time utility is having a tangible item available at a certain time of the year.

True

False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Place utility is known as offering products online as well as through catalogs for purchase.

True

False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Information utility does not involve communication with the customer.

True

False

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