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Duplicate of 7 Functions of Marketing Flashcards | StudBud
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Duplicate of 7 Functions of Marketing
Duplicate of 7 Functions of Marketing
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StudBud Administration
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A quiz to help introduce what that the 7 functions of marketing are
Flashcards
14 cards
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Questions
14
Answers
1
Surveying your customers is an example of..........
Marketing information management
Channel management
market planning
Selling
2
Obtaining, developing, maintaining and improving a product in Response to market opportunities
Pricing
Product/service Management
Selling
Distribution
3
How much to charge for products in order to maximize in profits
Pricing
Distribution
Selling
Market Planning
4
Deciding where products need to be sold in order to reach final users
Selling
Market Planning
channel management
Pricing
5
The marketing mix is also known as the 4 P's
True
False
6
McDonalds adding a new menu item is an example of.........
Promotion
Product/service management
Selling
Market planning
7
Provide customers with goods and services they want
Promotion
Market Information Management
Selling
Distribution
8
Understanding concepts and strategies used to develop and target specific marketing strategies
Promotion
Distribution
Market Planning
Selling
9
Storing products in a warehouse is an example of
Selling
Channel management
Promotion
Market planning
10
The marketing mix includes
Planning, promotion, selling, pricing
Product, place, people, price
Product, production, placement, pricing
Product, place, price, promotion
11
A sales associate showing a customer a piece of jewelry is an example of.......
Promotion
Selling
Product management
Pricing
12
A "free gift with purchase" is an example of........
Selling
Pricing
Promotion
MIM
13
Communicating with potential customers to inform or remind them about business products
Promotion
Selling
Market Planning
Product/Service Management
14
Obtaining information to make business decisions
Marketing Information Management
Selling
Pricing
Promotion