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Marketing quiz
Marketing quiz
40 terms
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Marketing
Flashcards
40 cards
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Practice quiz
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Questions
40
Answers
1
"Finger lickin' good" is an example of a
Logo
Slogan
Catch phrase
Heading
2
Pick n Pay is an example of a
Retailer
Wholesaler
Agent
Distributor
3
When a consumer sacrifices another item for the product they purchase, it is called
Lost opportunity cost
Sacrificial purchasing
Opportunity cost
Cost of choice
4
The product of a person's mind is called
Creativity
Intellectual property
Ideas
5
What gives a business the sole right to manufacture a product for a certain period of time?
A certificate of product registration
A collective mark
A trademark
A patent
6
Which of the following is not a right of the CPA?
Right to choose
Right to fair and honest dealings
Right to limitless returns
Right to privacy
7
Which act aims to protect consumers in the market environment?
The Marketing Protection Act
The basic consumer rights act
The Consumer Protection Act
The consumer act
8
Which strategy is normally used when a product first enters the market
Cost-plus pricing
Price skimming
Introductory Pricing
Competitive pricing
9
A business that concentrates on satisfying the needs of consumers follows a
Market-oriented approach
Product-Oriented approach
Marketing Approach
Consumer Approach
10
Which one does not form part of the communication mix?
Sales Promotion
Promotion
Personal selling
Advertising
11
At which stage in the product life cycle should a business consider extension strategies?
Decline
Maturity
Growth
Introduction
12
Making false statements about competitors is known as
Illegal Advertising
Competitive advertising
Unethical advertising
Unfair advertising
13
How can a business extend the life cycle of a product?
Variation
Discontinuation
Brainstorming
Conducting research
14
When the value of currency is determined by demand and supply, it is called
Controlled exchange rate
Set exchange rate
Managed exchange rate
Floating exchange rate
15
Responsible actions being taken by a business is called .........................
Good Corporate Governance
Business etiquette
Corporate Ethics
Good Corporate Citizenship
16
Which of the following is not an auxiliary service of marketing?
Transport
Selling
Packaging
Storage
17
Displaying products in a shop where the customers queue to pay is an example of
Point of sale display
Visible display
Free samples
Psychological display
18
Economic activities which are performed for a fee are called
Services
Professional services
Personal services
Intangible products
19
Which type of packaging changes all the time to reflect a theme?
Transformational packaging
Kaleidoscopic packaging
Combination packaging
Specialty packaging
20
The first step in the product development process is
Market testing
Market research
Prototype
Generate ideas
21
When there is only one seller in the market who can set his own price, we call this
Monopoly
Oligopoly
Competitive market
Perfect competition
22
Which one does not form part of the AIDA model?
Attention
Desire
Attraction
Interest
23
Someone who sells a product on behalf of someone else is called
A business
An agent
A retailer
A wholesaler
24
A business that focuses on customers' needs and wants is
Well researched
Product oriented
Market wise
Market-oriented
25
Which one is NOT a requirement for good packaging?
Must look expensive
Must have an appropriate design
Must catch the consumer's eye
Must be strong
26
Where do you register a trademark?
CIPC
CPIC
CCIC
CPIC
27
Which one is not a market segment?
Product use
Age
Price
Gender
28
Which of the following are INCORRECT in terms of the marketing mix?
Price
Process
Positioning
Product
29
Someone who specialises in advertising campaigns according to the needs of the client is called
A graphic designer
A brand ambassador
An advertising practitioner
A professional advertiser
30
Communicating with consumers about new and existing products is called
Advertising
2-way communication
Branding
Promotion
31
Too many intermediaries in a distribution channel could result in
High levels of competition
Confusion
Increased costs for the business
A high final cost price for consumers
32
Clothing is an example of a
Specialty good
Convenience good
Select good
33
A combination of the features of a product and the image of a business is known as
Successful Promotion
A brand
Organisational culture
Advertising
34
Which one is not part of the marketing process
Sales
Sales Promotion
Market research
Logistics/distribution
35
A car is an example of a
Speciality good
Select/ shopping good
Industrial good
Convenience good
36
Using odd pricing to create the impression that a product is better prices is an example of
Cost plus pricing
Competitive pricing
Price skimming
Psychological pricing
37
Step 2 in the process of planning an advertising campaign is
Advertising budget
Setting advertising objectives
Designing the campaign
Media selection
38
Economic activities that are not recorded in the GDP fall under the
Market environment
Small business sector
Formal sector
Informal sector
39
Dividing the market into different groups is called
Market division
Market focus
Market differentiation
Market segmentation
40
Safe payment options is something a business should consider if they are going into
Social media
Door-to-door delivery
Mobile marketing
Social buying