Lesson 3.3.4
3.3.4 Making marketing decisions: using the marketing mix Quiz: AQA Business, Unit 3
20 questions
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Lesson 3.3.4, Making marketing decisions: using the marketing mix: 20 multiple choice questions for the AQA Business (7132), Unit 3: Marketing management, written with Revision Ninja.
Host it live on the board and students join with a game code on their own devices, or revise alone with Free Play. The answers are revealed in the game.
The 20 questions
-
In the Boston Matrix, a product with high market growth and high market share is a:
- Dog
- Star
- Cash cow
- Question mark
-
In the Boston Matrix, a Cash Cow is characterised by having what?
- High market share
- Low market share
- High market growth
- Negative cash flow
-
What pricing strategy involves setting a high initial price and lowering it over time?
- Predatory pricing
- Cost-plus pricing
- Penetration pricing
- Price skimming
-
Which pricing strategy involves setting a low initial price to gain market share quickly?
- Dynamic pricing
- Price skimming
- Psychological pricing
- Penetration pricing
-
What type of promotional strategy relies on users sharing online content with others?
- Direct mail
- Personal selling
- Viral marketing
- Trade promotions
-
Selling products through both high street stores and an online website is an example of what?
- Single-channel distribution
- Multi-channel distribution
- Direct distribution
- Wholesaling only
-
The product life cycle stage in which sales growth slows and the market becomes saturated is:
- Decline
- Introduction
- Maturity
- Growth
-
A smartphone launches at £900 and lowers to £600 a year later. Which pricing strategy is this?
- Competitive pricing
- Price skimming
- Cost-plus pricing
- Penetration pricing
-
A product has falling sales, low profit and many competitors leaving the market. Which stage of the product life cycle is it in?
- Growth
- Decline
- Maturity
- Introduction
-
Which action is an example of an extension strategy for a product in maturity?
- Raising unit costs
- Repackaging the product
- Withdrawing the product
- Decreasing production
-
In the Boston Matrix, what is the main strategic objective for a Question Mark product?
- Maintain low price
- Divest immediately
- Harvest cash flow
- Build market share
-
A firm trains its shop assistants to give expert advice to customers. Which element of the marketing mix does this mainly affect?
- Product
- People
- Price
- Promotion
-
Using social media influencers to demonstrate products is an example of which promotional method?
- Sales promotion
- Personal selling
- Social media promotion
- Direct mail
-
Price falls from £12 to £10 and sales rise from 5,000 to 7,000 units. What is new revenue?
- £60,000
- £70,000
- £84,000
- £50,000
-
Which marketing element is usually most important when selling B2B industrial products?
- Eye-catching packaging
- Viral promotional videos
- Personal selling
- Mass media ads
-
What is a major drawback of using penetration pricing for a new brand launch?
- Low sales volume
- Slow market entry
- High initial prices
- Lower profit margins
-
Why is relying solely on Cash Cow products risky for a business long term?
- Negative cash flow
- High unit costs
- Low market growth
- Excessive research costs
-
A product's sales fall from 80,000 to 60,000 in one year. What is the percentage fall?
- 33%
- 20%
- 75%
- 25%
-
What is a main drawback of relying on viral marketing campaigns?
- Slow distribution speed
- Unpredictable reach
- Extremely high cost
- Guaranteed sales growth
-
What is a major risk of relying heavily on large supermarkets for distribution?
- Lower sales volume
- Loss of control
- Higher unit costs
- Reduced product quality
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