11 - PT2 Revision Worksheet MCQ
11 - PT2 Revision Worksheet MCQ
11 - PT2 Revision Worksheet MCQ
TOPICS:
UNIT 3: Market Segmentation, Targeting and Positioning
UNIT 4: Fundamentals of Marketing Mix
Employability Skills: ICT Skills
MARKET SEGMENTATION
1. What does market segmentation involve?
A. Grouping consumers based on similar characteristics
B. Increasing production levels
C. Selling one product to all consumers
D. Randomly selecting a target audience
2. Which of the following is NOT a basis of market segmentation?
A. Geographic segmentation
B. Economic segmentation
C. Behavioral segmentation
D. Demographic segmentation
3. Demographic segmentation includes which of the following?
A. Climate and terrain
B. Lifestyle and personality
C. Age, gender, and income
D. Brand loyalty
4. Segmenting a market based on how customers use a product is called:
A. Geographic segmentation
B. Usage-based segmentation
C. Psychographic segmentation
D. Behavioral segmentation
5. Which of the following is an example of psychographic segmentation?
A. Dividing customers by climate
B. Targeting health-conscious individuals
C. Grouping customers by gender
D. Segmenting based on income levels
7. The process of dividing a market into distinct groups with common needs is known
as:
A. Market segmentation
B. Market positioning
C. Market targeting
D. Market differentiation
TARGETING
9. Which strategy involves targeting a specific segment with a tailored marketing mix?
A. Mass marketing
B. Niche marketing
C. Undifferentiated marketing
D. Product-focused marketing
10. What is the process of evaluating the attractiveness of each market segment called?
A. Segmentation
B. Targeting
C. Positioning
D. Differentiation
11. Which of the following is an example of undifferentiated marketing?
A. Selling luxury watches to high-income individuals
B. Offering a single product to all consumers without customization
C. Customizing car features based on customer preferences
D. Advertising sports gear only to athletes
12. What does "target market" mean?
A. All customers in the global market
B. A specific group of customers a company aims to serve
C. Competitors in a particular industry
D. The geographical area of operation
13. When a company decides to target two or more segments with different products, it
is using:
A. Undifferentiated marketing
B. Differentiated marketing
C. Concentrated marketing
D. Niche marketing
15. A company chooses to market a single product to multiple segments. This is called:
A. One-to-one marketing
B. Product specialization
C. Market specialization
D. Mass customization
POSITIONING
17. What is the main goal of positioning in marketing?
A. To reduce the production cost
B. To create a distinct image of the product in the customer’s mind
C. To merge different customer segments
D. To offer the lowest price in the market
18. Positioning strategies can include all the following EXCEPT:
A. Positioning based on product attributes
B. Positioning against competitors
C. Positioning based on price and quality
D. Positioning based on irrelevant features
19. What is the term for a concise description of the target market and the value
proposition offered?
A. Market analysis
B. Marketing mix
C. Positioning statement
D. Consumer behavior study
20. Which tool helps in visually representing the position of a product compared to
competitors?
A. SWOT analysis
B. Perceptual map
C. Value chain analysis
D. Market share graph
4. Which element of the marketing mix involves decisions regarding the distribution of
goods?
A. Product
B. Price
C. Place
D. Promotion
PRODUCT
5. Which of the following is NOT part of product decisions in the marketing mix?
A. Design and features
B. Pricing strategy
C. Quality levels
D. Branding and packaging
6. What term refers to the intangible benefits or services associated with a product?
A. Core product
B. Actual product
C. Augmented product
D. Virtual product
PRICE
10. Which of the following is a pricing strategy based on customers’ perceived value of a
product?
A. Cost-plus pricing
B. Value-based pricing
C. Competitive pricing
D. Penetration pricing
11. Which pricing strategy is used to quickly recover the cost of launching a new
product?
A. Skimming pricing
B. Penetration pricing
C. Discount pricing
D. Bundle pricing
PLACE
15. E-commerce platforms like Amazon represent which type of place strategy?
A. Brick-and-mortar distribution
B. Digital distribution
C. Multichannel marketing
D. Direct selling
PROMOTION
16. Which element of the marketing mix is focused on communicating with customers?
A. Product
B. Place
C. Promotion
D. Price
19. Which promotional tool involves one-on-one interaction between a salesperson and
a customer?
A. Advertising
B. Public relations
C. Personal selling
D. Sales promotion