Marketing (Grade 11 NSC Matric Business Studies): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
ShowHide
Practise the questions
10 questions from this quiz
What does marketing refer to according to its core definition?
What does marketing refer to according to its core definition?
All activities promoting buying/selling
How many fundamental functions does marketing serve?
How many fundamental functions does marketing serve?
Four
Which is a key role of the marketing function?
Which is a key role of the marketing function?
Identify customer needs
What does standardisation mean in marketing activities?
What does standardisation mean in marketing activities?
Products made to same standards consistently
Why is storage essential as a marketing activity?
Why is storage essential as a marketing activity?
Production creates more than sold immediately
Which transport method is ideal for liquids and gases?
Which transport method is ideal for liquids and gases?
Pipelines
What is equity funding in marketing financing?
What is equity funding in marketing financing?
Money from investors for partial ownership
Who typically bears business risks first?
Who typically bears business risks first?
Entrepreneur and shareholders
What is at the heart of all business activity?
What is at the heart of all business activity?
Buying and selling
How many main types of marketing activities are there?
How many main types of marketing activities are there?
Six