Marketing

Question 1

Holding products until customers need them on shelves, storage, or warehouses.

Accepted Answer

Storing

Question 2

Moving products from where they were made to where consumers can buy them.

Accepted Answer

Transporting

Question 3

Inexpensive items that consumers purchase regulary.

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Convenience Goods

Question 4

What is NOT a stage of the Product Life Cycle?

Accepted Answer

Climax

Question 5

Products used by another business.

Accepted Answer

Industrial Goods

Question 6

Groups of customers with similar needs to whom a company plans to sell to.

Accepted Answer

Target Market

Question 7

Products designed for personal or home use.

Accepted Answer

Consumer Goods

Question 8

We Will sell the product for $12.00.

Accepted Answer

Price

Question 9

What is NOT one of the 4 P's of Marketing?

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Produce

Question 10

When a brand new product enters the market.

Accepted Answer

Introduction Stage

Question 11

We will begin advertising the product on televsion.

Accepted Answer

Promotion

Question 12

Designer Clothes and expensive jewelry is what type of Consumer Good?

Accepted Answer

Shopping

Question 13

We have made modifications to the new design.

Accepted Answer

Product

Question 14

When a product is competing with many other brands with similar features.

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Maturity Stage

Question 15

Businesses that sell directly to the final consumer are

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Retailers

Question 16

Products that consumers do not feel a strong need for, ie. funeral services.

Accepted Answer

Unsought Goods

Question 17

Types of buyers a business wishes to attract and where those buyers are located is.

Accepted Answer

Market

Question 18

If the goods are sent by air, they will get to the store sooner.

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Place

Question 19

Studying a company's current and prospective customers.

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Market Research

Question 20

What stage of the product lifecycle are sales the highest?

Accepted Answer

Maturity

Question 21

Products that consumers insist on having and are willing to search for.

Accepted Answer

Specialty Goods

Question 22

Businesses that buy products from businesses and sell them to other businesses.

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Wholeseller

Question 23

Obtaining goods to be resold is a marketing activity known as

Accepted Answer

Buying

Question 24

What Consumer Good is the image below?

Accepted Answer

Shopping

Question 25

Soft Drinks, Soap, Milk, Candy are what type Consumer Goods?

Accepted Answer

Convenience

Marketing

Questions 25

Marketing

Questions 25