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BMI3C Strand 1 Review Flashcards | StudBud

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What is supply

Which of the following is a marketing activity?

BMI3C Strand 1 Review

10 terms·StudBud Administration

A quiz to review the marketing concepts of strand 1

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Questions 10

Answers

1
Which of the following is a marketing activity?
Branding
Physical Distribution
Inventory Management
Money Management
2
What is supply
Amount of goods/services that biz are willing to make
Amount of goods/services that biz are willing to make
Amount of goods/services that people are willing to make
Amount of goods/services that people are willing to pay for
3
The equilibrium price is...
where demand = supply
where demand < supply
where demand not equal supply
where demand > supply
4
What is marketing?
A process that determines the 4Ps & 2Cs.
A process that connects suppliers and buyers.
A process that determines supply & demand.
A process of determining good & services.
5
What is demand?
What actually is demanded
An agreed upon price
Amount of goods/services that people are willing to pay for
Amount of goods/services that biz are willing to make
6
Which of the following is NOT a marketing activity?
Packaging
Human Resources
Promotion
Research
7
Which of the following is NOT one of the 4 Ps?
Product
Profit
Place (location)
Place
8
Which of the following brands failed internationally?
Wendy's
eBay
McDonald's
Google
9
A non-profit organisation is one that...
doesn't make a profit
has a goal other than profits in mind
runs the same marketing activities as a business
is located internationally
10
Which of the following are part of the 2Cs of marketing?
Cost
Customer
Competition
Convenience