Unit 1 Marketing Review

20 termsStudBud Administration568 plays

Marketing Review #grade11marketing

Flashcards20 cardsFPractice quizPHost liveL

Questions 20

Answers

1
Which is considered a Specialty good?
Antique
Wood
Toilet Paper
Refrigerator
2
When Supply decreases Demand will?
Stay the same
Rise
Fall
Decrease
3
I will be asked to make a Supply / Demand / Equilibrium graph on the test?
Yes!
No!
I don't know?!
Possibly?
4
Which type of ownership is the hardest to start up?
Corporation
Sole Propretorship
Partnership
Non-Profit
5
Market Equilibrium is when the demand curve?
Is at its lowest value
Is at its highest value
When there is a steady supply
Meets the Supply Curve
6
An advantage of Sole Proprietorship is?
Stocks
Unlimited Liability
Limited Liability
Partial Liability
7
Which is NOT tangible?
IPhone 5c
Computer
Candy Bar
Massage
8
A Brand is considered a?
Occupation
All of the above
Type of product
Logo / Design
9
Stock is a type of ownership used by?
Corporations
Sole Proprietorships
Non-Profit
Partnerships
10
_________ makes a logo more effective
Contrasting Colors
No color
LOTS OF COLOR!!!
Cursive Font
11
A Refrigerator is a product in the ________Stage
Maturity
Development
Introduction
Decline
12
Data you collect about a product through a survey is called?
Secondary Research
Tertiary Research
Primary Research
3rd Party Research
13
When Creating a supply and demand curve how do you label each axis?
X=Quantity Y=Price
X=Price Y= number of sellers
X= number of buyers Y=number of sellers
X=Quantity Y= number of buyers
14
Which is not a function of Packaging
Product Identification
Silent Salesperson
Hide Contents
Protection
15
The most amount of profit is made during this stage of a products life cycle!
Introduction
Decline
Maturity
Development
16
Target Market Refers to?
where you want to sell
what you want to sell
when you want to sell
Who you want to sell to
17
A company charity drive is an example of?
Publicity
Personal Selling
Advertizing
Public Relations
18
Is an example of a shopping good
Magazine
Wedding Ring
Steel Beams
Tablet
19
Shoes are a?
Need
Both
Trick Question
Want
20
All services are?
Wants
Needs
Intangible
Tagible

Unit 1 Marketing Review Flashcards | StudBud

Unit 1 Marketing Review

20 termsStudBud Administration568 plays

Marketing Review #grade11marketing

Flashcards20 cardsFPractice quizPHost liveL

Questions 20

Answers

1
Which is considered a Specialty good?
Antique
Wood
Toilet Paper
Refrigerator
2
When Supply decreases Demand will?
Stay the same
Rise
Fall
Decrease
3
I will be asked to make a Supply / Demand / Equilibrium graph on the test?
Yes!
No!
I don't know?!
Possibly?
4
Which type of ownership is the hardest to start up?
Corporation
Sole Propretorship
Partnership
Non-Profit
5
Market Equilibrium is when the demand curve?
Is at its lowest value
Is at its highest value
When there is a steady supply
Meets the Supply Curve
6
An advantage of Sole Proprietorship is?
Stocks
Unlimited Liability
Limited Liability
Partial Liability
7
Which is NOT tangible?
IPhone 5c
Computer
Candy Bar
Massage
8
A Brand is considered a?
Occupation
All of the above
Type of product
Logo / Design
9
Stock is a type of ownership used by?
Corporations
Sole Proprietorships
Non-Profit
Partnerships
10
_________ makes a logo more effective
Contrasting Colors
No color
LOTS OF COLOR!!!
Cursive Font
11
A Refrigerator is a product in the ________Stage
Maturity
Development
Introduction
Decline
12
Data you collect about a product through a survey is called?
Secondary Research
Tertiary Research
Primary Research
3rd Party Research
13
When Creating a supply and demand curve how do you label each axis?
X=Quantity Y=Price
X=Price Y= number of sellers
X= number of buyers Y=number of sellers
X=Quantity Y= number of buyers
14
Which is not a function of Packaging
Product Identification
Silent Salesperson
Hide Contents
Protection
15
The most amount of profit is made during this stage of a products life cycle!
Introduction
Decline
Maturity
Development
16
Target Market Refers to?
where you want to sell
what you want to sell
when you want to sell
Who you want to sell to
17
A company charity drive is an example of?
Publicity
Personal Selling
Advertizing
Public Relations
18
Is an example of a shopping good
Magazine
Wedding Ring
Steel Beams
Tablet
19
Shoes are a?
Need
Both
Trick Question
Want
20
All services are?
Wants
Needs
Intangible
Tagible