Jeopardy - Garnet Valley School District

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Jeopardy
Marketing
Functions
4 P’s
Vocab
Multiple
Choice
Economies
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Q $200
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Q $300
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Q $400
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Q $500
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Double Jeopardy
$100 Question
Marketing Functions
Determine the best method and
procedures to use so customers can
locate & obtain products
A.
B.
C.
D.
E.
Distribution
Promotion
Product and Service Management
Market Information Management
Selling
$100 Answer
Marketing Functions
Distribution
$200 Question
Marketing Functions
Communicating information to
prospective customers through
advertisement to encourage them to buy
your product
A.
B.
C.
D.
E.
Distribution
Promotion
Product and Service Management
Market Information Management
Selling
$200 Answer
Marketing Functions
Promotion
$300 Question
Marketing Functions
Assisting in the design and development
of products
A.
B.
C.
D.
E.
Distribution
Promotion
Product and Service Management
Market Information Management
Selling
$300 Answer
Marketing Functions
Product and Service Management
$400 Question
Marketing Functions
Obtaining information to improve
decision making
A.
B.
C.
D.
E.
Distribution
Promotion
Product and Service Management
Market Information Management
Selling
$400 Answer
Marketing Functions
Market Information Management
$500 Question
Marketing Functions
Direct, personal communications
with customers in order to assess
needs
A.
B.
C.
D.
E.
Distribution
Promotion
Product and Service Management
Market Information Management
Selling
$500 Answer
Marketing Functions
Selling
$100 Question
4 P’s
Anything offered to a market by the
business to satisfy needs, including
physical products, services, and
ideas
$100 Answer
4 P’s
Product
$200 Question
4 P’s
Is the amount that customers pay and the
methods of increasing the value of the
product to the customers
$200 Answer
4 P’s
Price
$300 Question
4 P’s
Includes the methods used and
information communicated to encourage
customers to purchase and to increase
their satisfaction
$300 Answer
4 P’s
Promotion
$400 Question
4 P’s
Includes the locations and methods
used to mark the product available
to customers
$400 Answer
4 P’s
Distribution
$500 Question
4 P’s
Who a company tries to sell a
particular product to is called a
______
$500 Answer
4 P’s
Target Market
$100 Question
Vocabulary
Blending the four marketing elements
product, price, distribution and
promotion
$100 Answer
Vocabulary
Marketing Mix
$200 Question
Vocabulary
Moral principals or values based on
honesty and fairness
$200 Answer
Vocabulary
Ethics
$300 Question
Vocabulary
Concentrating on one thing or a few
related activities so that they can be done
well
$300 Answer
Vocabulary
Specialization of Labor
$400 Question
Vocabulary
An organized effort to influence a
company by refusing to purchase its
products
$400 Answer
Vocabulary
Boycott
$500 Question
Vocabulary
The result of unlimited wants
and needs combined with
limited resources
$500 Answer
Vocabulary
Scarcity
$100 Question
Multiple Choice
Major League Baseball’s all time
leader in homeruns
$100 Answer
Multiple Choice
Barry Bonds
$200 Question
Multiple Choice
The average cost of all marketing activities
is about ____ percent of the price of
products
A. 10
B. 25
C. 50
D. 90
$200 Answer
Multiple Choice
50%
$300 Question
Multiple Choice
Major car companies utilized _________
when they maintain their own financing
organizations for loans or leases
Financing
Price
Distribution
Selling
$300 Answer
Multiple Choice
Financing
$400 Question
Multiple Choice
There are how many marketing
functions
7
8
9
10
$400 Answer
Multiple Choice
9
$500 Question
Multiple Choice
Studies the economic behavior and
Relationship of an entire society
Macroeconomics
Microeconomics
Demand
Supply
$500 Answer
Multiple Choice
Macroeconomics
$100 Question
Economies
Name 2 types of economies –
Referring to what role the gov’t plays
and what role individuals play. There
are 4 possible answers.
$100 Answer
Economies
Free AKA Market
Control
Mixed
Private Enterprise
$200 Question
Economies
What economy:
The Resources are owned by individuals
rather than the government
$200 Answer
Economies
Free
$300 Question
Economies
What economy:
Some goods and services are provided by
the government and some by private
enterprise
$300 Answer
Economies
Mixed
$400 Question
Economies
What economy is it when:
The government answers all three
economic questions
$400 Answer
Economies
Controlled
$500 Question
Economies
Which economy:
____________ is based on
independent decisions by
businesses and consumers with only
a limited government role
regulating
$500 Answer
Economies
Private Enterprise Economy
$100 $100 $100 $100
$200
$200 $200 $200
$300 $300 $300
$100 $100
$200
$200
$300
$300 $300
$400 $400 $400 $400
$400 $400
$500 $500 $500 $500
$500 $500
Marketing skills are
valuable only to people
who are directly employed
in the field of marketing.
Each of the nine marketing
functions occurs every time
a product or service is
developed and sold.
Marketing activities may
need to be used to sell lowquality products, but highquality products do not
require marketing.
Marketing skills are
valuable only to people
who are directly employed
in the field of marketing.
Marketing jobs are found
at the lowest and highest
levels of a company and
are available for people
with varied amounts of
education and experience.
Marketing encourages
businesses to provide
products and services that
consumers want. It also
helps educate consumers to
make better purchasing
decisions.
By agreeing to a code of
ethics, business people
encourage responsible
behavior.
The cost of resources is the
same no matter what
economic system a society
uses.
Individuals who purchase
products and services to
satisfy needs are producers.
If a business operating as a
monopoly is unregulated
by the government, it can
charge any price it chooses.
The consumer either pays
the price set by the
business or goes without.
The first step of the marketing concept
is to
a. hire a team of talented marketing
professionals.
b. develop top-quality products or
services.
c. operate at a profit.
d. identify what will satisfy
customers’ needs.
d. identify what
will satisfy
customers’ needs.
An approach to customer service that
gives employees the authority to solve
many customer problems is called
a. relationship marketing.
b. social responsibility.
c. employee empowerment.
d. hard selling.
c. employee empowerment.
Identifying and understanding the
market a company wants to serve and
develop strategies for.
a. Market Planning. c. Selling
b. Promotion. d. Product and
service management
a. Market Planning
Direct, personal communications with
customers in order to assess needs
a. Marketing Information
Management
c. Promotion
d. Selling
b. Product and Service
Management
.
Assisting in the design and
development of products
a. Marketing Information
Management c. Selling
b. Product and Service
Management d. Financing
b. Product and
Service
Management
An organized effort to
influence a company by
refusing to purchase its
products is called a
a. strike. c. tariff.
b. embargo. d. boycott.
Which of the following is a
consumer protection organization
sponsored by businesses?
a. Better Business Bureau
b. .Federal Trade Commission
C. American Marketing
Association
D. Food and Drug Administration
A. Better Business
Bureau
The average cost of all
marketing activities is about
___ percent of the price of
products.
a. 10 c. 50
b. 25 d. 90
The basic economic problem
is
a. greed. c. demand.
b. supply. d. scarcity.
Marketers are most
concerned with
a. microeconomics.
b. minieconomics.
c. megaeconomics
d. macroeconomics.
Name the movie that
features this song
Name one country in
Central America
What year did the US Civil War
End?
Name this actor
Who is this
boxing legend
Adolf Hitler
was born in
this country?
Scooby sells snacks for
$4.25 he buys those
snacks for $3.00. If
Scooby sold ten snacks
how much money did
he make
The Phillies have
won how many World
Series
Championships
A typical adult
human skeleton
consists of how
many bones
Final Jeopardy
First Team to write down all four wins/
or the team with the most correct wins
Name the Four forms of
economic competition
Final Jeopardy
Answer
•
•
•
•
Pure Competition
Monopoly
Oligopolies
Monopolistic Competition
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