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Test yourself. Marketing

Choose the word to match the definition.

1. An advertisement on radio or on television.

A. review B. article C. commercial D. play

2. A phrase used in advertisements to attract attention to the product.

A. celebrity B. slogan C. proverb D. sentence

3. The perception that the public has of a person or organization.

A. attitude B. reputation C. image D. imagination

4. … is the term given to different activities involved in distributing goods from the manufacturer to the final consumer.

A. retailing B. marketing C. distribution D. wholesaling

5. … is a business system in which a company sells an individual the right to operate a business using its brand name and reputation?

A. retailing B. franchising C. wholesaling D. distribution

6. People who buy goods or services.

A. users B. customers C. suppliers D. clients

7. The variety of products that a company makes or sells

A. rank B. range C. choice D. stock

8. The goods that company intends to sell to its customers.

A. stock B. current liability C. turnover D. range

9. The group of people that the company wants to buy the product.

A. competitive market B. target market C. local market D. common market

10. A company or a person who is competing against you.

A. partner B. franchiser C. rival D. supplier

11. A shop that sells products made by a particular company.

A. outlet B. department store C. stores D. supermarket

12. Reduction in the original price of a product.

A. turnover B. discount C. profit D. decrease

Choose the alternative to express the same idea as the word or phrase italicized.

13. The work done in order to investigate the market shows that there are a lot of opportunities for the product.

A. promotion campaign B. market research

C. advertising D. marketing mix

14. Our advertising campaign has had a great impact.

A. Our advertising campaign has been very effective.

B. Our advertising campaign has been very efficient.

C. Our advertising campaign has been affective.

D. Our advertising campaign has been very interesting.

15. They are discussing now the introduction of new products onto the market.

A. launch B. sales C. promotion D. entrance

Choose the alternative that best suits the contest.

16. We decided to … the new model at the trade fair in autumn.

A. manufacture B. launch C. produce D. sell

17. We are planning to … $ 2.5 million on advertising.

A. lose B. spend C. invest D. save

18. Of course our goods are not very cheap, but the prices are quite … for the average customer.

A. high B. reasonable C. costly D. low

19. Sellers and customers usually negotiate credit … when making a deal.

A. interest B. fees C. terms D. conditions

20. The … of Harley Davidson Motor Company are people with a high average income.

A. suppliers B. target market C. budget. D. consumers

21. Our … is based on the image of a person who leads an active life.

A. advertisement B. logo C. brand D. slogan

22. Big companies cannot rely exclusively on their … markets. They have to become more international on their outlook if they want to survive.

A. consumer B. competitive C. domestic D. target

23. The … name of the soap produced by our company is “Beauty”.

A. logo B. slogan C. brand D. advertisement

24. Last year we increased our market ….

A. stock B. share C. stake D. price

25. The … “We know the meaning of cleaning” obviously belongs to the dry cleaning company.

A. logo B. slogan C. advertisement D. brand

26. A highly competitive market led to a higher capital … .

A. losses B. growth C. expenditure D. profit

27. Our recent advertising campaign has led to a tremendous … . Our sales boosted immediately.

A. example B. impact C. slogan D. decrease

28. Price is not the only thing that customers consider when … about which product to buy.

A. doing a decision B. making a decision

C. doing a business D. deciding

29. Customers … about the poor quality of frozen vegetables on sale in our store.

A. did complaints B. made complaints

C. made research D. made conclusion

30. Our … is to increase the market share within a few months.

A. responsibility B. objective C. ambitions D. task

Supplementary Texts

Part I. Management

Unit 1. Early Management Thought and the Definition of Management