Fundamentals of Marketing Concepts Quiz

Challenge yourself with 11 questions on marketing fundamentals. Explore 4Ps, market segmentation, AIDA model, and more!

#1

Which of the following is NOT one of the 4Ps of marketing?

Product
Price
Position
Promotion
#2

What is the term used for the group of customers a business seeks to serve?

Consumer base
Target market
Market segment
Customer niche
#3

Which of the following is NOT a component of the marketing mix?

Product
People
Place
Promotion
#4

What is the term used to describe the process of collecting and analyzing data about consumer preferences and purchasing behavior?

Market analysis
Market research
Market segmentation
Market targeting
#5

Which of the following is NOT a type of market segmentation?

Demographic
Psychographic
Geographic
Hierarchical
#6

What is the process of dividing a market into distinct groups of buyers who have different needs, characteristics, or behaviors?

Segmentation
Positioning
Differentiation
Targeting
#7

Which marketing concept focuses on creating and maintaining customer relationships by delivering value and satisfaction?

Production concept
Product concept
Selling concept
Marketing concept
#8

In the AIDA model, what does 'AIDA' stand for?

Attention, Interest, Desire, Action
Awareness, Interest, Decision, Action
Attention, Involvement, Decision, Awareness
Action, Interest, Desire, Awareness
#9

What is the term for a product that has high growth prospects but low market share?

Cash cow
Star
Question mark
Dog
#10

Which stage of the product life cycle is characterized by a rapid increase in sales and profits?

Introduction
Growth
Maturity
Decline
#11

Which of the following is NOT a characteristic of a target market?

Identifiable
Profitable
Accessible
Inimitable

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