Good/Service
This term describes physical items that can be touched, like cars or clothes.
good
Setting the right price for a product to maximize profits and ensure customer satisfaction falls under this function.
Pricing
This core function of marketing involves identifying target markets and creating strategies to reach them.
Market Planning
Which famous play features a character named Romeo?
romeo and juliet
What is the largest mammal in the world?
Blue whale
An example of a public service would be what organization ensuring fire safety?
What promotional tool involves short-term incentives to encourage the purchase of a product or service?
What are sales promotions?
The process of gathering feedback on a product before its launch is known as this.
product testing
What is the main ingredient in guacamole?
avocado
Who painted the Mona Lisa?
Leonardo da Vinci
This is a service provided by professionals like lawyers or accountants to help solve complex problems.
professional services
What is the difference between direct and indirect distribution channels?
direct involves selling directly to consumers, while indirect involves intermediaries like retailers
What type of data is obtained from customers’ purchasing habits and used to predict future trends?
What is transactional data?
What is the rarest blood type among humans?
AB-negative
What popular ice cream flavor is typically made with crushed cookies?
Cookies and Cream
These goods are produced for use by manufacturers in creating final consumer products, like machinery and raw materials.
What are industrial goods?
Explain the role of consultative selling in today’s customer-focused sales environment.
providing tailored solutions based on customers' needs instead of just pushing products
Explain how competitor pricing influences a company’s pricing strategy.
adjusting prices based on the prices set by competitors to stay competitive in the market?
In which year did Serena Williams win her first Grand Slam singles title?
1999
In mathematics, what is the name for a number that is not a prime number and has more than two factors?
Composite number
These goods require high consumer involvement due to their high price or perceived risk, often including items like cars or homes.
What are specialty goods?
Name the four components of the SWOT analysis that guide market planning.
Strengths, Weaknesses, Opportunities, Threats
Discuss the advantages and challenges of using influencer marketing as a promotional tactic.
leveraging influencers' followers to reach new audiences, but managing risks like authenticity and misaligned brand values?
Benjamin Franklin was a key figure in the drafting of the United States Constitution. Which state did he represent during the Constitutional Convention in 1787?
Pennsylania
Who is the Greek god of war and son of Zeus and Hera?
Ares