Home > Business Skills > Quizzes > Product And Service Management
Product And Service Management
Fast practice, instant feedback. Timer auto-submits when time’s up.
Avg score: 72% • Most missed: “Marketing element referring to selection of the various types of communications …”
Product And Service Management
Time left 00:00
25 Questions

1. Under one product how many sub-products company provides or how many varieties company have for that product

2. The decision a customer makes on the brand - type - model - etc. - to buy.

3. The state of being outmoded or unfashionable. Becoming outdated because of advances in technology. Becoming outdated due to the introduction of new products - processes - and/or technology.

4. A guideline affecting the kinds of goods and services that businesses offer to customers.

5. Marketing element focusing on considerations in getting a selected product in the right place at the right time.

6. A combination - or blend - of marketing communication channels that a business uses to send its messages to consumers (i.e. - advertising - sales promotion - personal selling - and publicity).

7. A name - term - symbol - or design (or combination of them) that identifies a product and distinguishes it from competitors products.

8. The decision a customer reaches on the price s/he is willing to pay for a good or service.

9. The product life cycle stage in which sales peak and then increase at a slower rate or start to decline

10. A guideline regulating the range of prices for goods and services that businesses offer to customers.

11. A type of rivalry between or among businesses that focuses on the use of price to attract scarce customer dollars.

12. Marketing element focusing on considerations in getting a selected product in the right place at the right time

13. A group of related product items.

14. The decision to buy from a certain business.

15. Marketing element referring to selection of the various types of communications that marketers use to inform - persuade - or remind customers of their products.

16. A marketing function needed to communicate information about goods - services - images - and/or ideas to achieve a desired outcome. Marketing element referring to the various types of communications that marketers use to inform - persuade - or remind

17. A career that involves monitoring and developing one or more existing products.

18. A marketing function that involves obtaining - developing - maintaining - and improving a product or service mix in response to market opportunities.

19. The ways in which businesses handle - or manage - their product mixes.

20. A pricing strategy that involves setting prices higher than those of the competition.

21. The particular assortment of goods and services that a business offers to meet the needs of its market(s) and its company goals.

22. An individual who monitors one or more existing products and develops new Products

23. A guideline affecting the kinds of special activities - such as contests and prizes - that businesses use to attract customers and to increase sales.

24. A framework for the promotional activities of a business.

25. A product mix dimension referring to the number of product lines carried by a company.

⚡ Recently practiced quizzes in this topic
Live quiz activity
FBLA Business Calculations DSST Introduction to Business Exam Practice Test 1 Financial Statements Small Business Management FBLA Insurance and Risk Management Logistics Vocab Business Foundations Review Business Analyst DSST Introduction to Business Exam Practice Test 3 DSST Introduction to Business Exam Practice Test 2
 
❤ If you liked Fatskills, consider supporting us by checking out The Life Manuals You Never Got.

🌈  Our mission is to help improve your scores in any subject and exam withonline quizzes, practice tests, study guides, & advice for students. Since 2018.
About | Explore | User Guide | Topics | Subjects | Doubt Solver | Career Aptitude Test | Answers | Free Tools | What Should We Know?
Privacy | Terms |
Without work one finishes nothing. - Ralph Waldo Emerson
© 2026 Fatskills.com

All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.