2. Jeopardy Q $100 Q $200 Q $300 Q $400 Q $500 Q $100 Q $200 Q $300 Q $400 Q $500 Double Jeopardy Marketing Functions 4 P’sVocab Multiple Choice Economies

3. $100 Question Marketing Functions Determine the best method and procedures to use so customers can locate & obtain products A.Distribution B.Promotion C.Product and Service Management D.Market Information Management E.Selling

4. $100 Answer Marketing Functions Distribution

5. $200 Question Marketing Functions Communicating information to prospective customers through advertisement to encourage them to buy your product A.Distribution B.Promotion C.Product and Service Management D.Market Information Management E.Selling

6. $200 Answer Marketing Functions Promotion

7. $300 Question Marketing Functions Assisting in the design and development of products A.Distribution B.Promotion C.Product and Service Management D.Market Information Management E.Selling

8. $300 Answer Marketing Functions Product and Service Management

9. $400 Question Marketing Functions Obtaining information to improve decision making A.Distribution B.Promotion C.Product and Service Management D.Market Information Management E.Selling

10. $400 Answer Marketing Functions Market Information Management

11. $500 Question Marketing Functions Direct, personal communications with customers in order to assess needs A.Distribution B.Promotion C.Product and Service Management D.Market Information Management E.Selling

12. $500 Answer Marketing Functions Selling

13. $100 Question 4 P’s Anything offered to a market by the business to satisfy needs, including physical products, services, and ideas

14. $100 Answer 4 P’s Product

15. $200 Question 4 P’s Is the amount that customers pay and the methods of increasing the value of the product to the customers

16. $200 Answer 4 P’s Price

17. $300 Question 4 P’s Includes the methods used and information communicated to encourage customers to purchase and to increase their satisfaction

18. $300 Answer 4 P’s Promotion

19. $400 Question 4 P’s Includes the locations and methods used to mark the product available to customers

20. $400 Answer 4 P’s Distribution

21. $500 Question 4 P’s Who a company tries to sell a particular product to is called a ______

22. $500 Answer 4 P’s Target Market

23. $100 Question Vocabulary Blending the four marketing elements product, price, distribution and promotion

24. $100 Answer Vocabulary Marketing Mix

25. $200 Question Vocabulary Moral principals or values based on honesty and fairness

26. $200 Answer Vocabulary Ethics

27. $300 Question Vocabulary Concentrating on one thing or a few related activities so that they can be done well

28. $300 Answer Vocabulary Specialization of Labor

29. $400 Question Vocabulary An organized effort to influence a company by refusing to purchase its products

30. $400 Answer Vocabulary Boycott

31. $500 Question Vocabulary The result of unlimited wants and needs combined with limited resources

32. $500 Answer Vocabulary Scarcity

33. $100 Question Multiple Choice Major League Baseball’s all time leader in homeruns

34. $100 Answer Multiple Choice Barry Bonds

35. $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

36. $200 Answer Multiple Choice 50%

37. $300 Question Multiple Choice Major car companies utilized _________ when they maintain their own financing organizations for loans or leases Financing Price Distribution Selling

38. $300 Answer Multiple Choice Financing

39. $400 Question Multiple Choice There are how many marketing functions 7 8 9 10

40. $400 Answer Multiple Choice 9

41. $500 Question Multiple Choice Studies the economic behavior and Relationship of an entire society Macroeconomics Microeconomics Demand Supply

42. $500 Answer Multiple Choice Macroeconomics

43. $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.

44. $100 Answer Economies Free AKA Market Control Mixed Private Enterprise

45. $200 Question Economies What economy: The Resources are owned by individuals rather than the government

46. $200 Answer Economies Free

47. $300 Question Economies What economy: Some goods and services are provided by the government and some by private enterprise

48. $300 Answer Economies Mixed

49. $400 Question Economies What economy is it when: The government answers all three economic questions

50. $400 Answer Economies Controlled

51. $500 Question Economies Which economy: ____________ is based on independent decisions by businesses and consumers with only a limited government role regulating

52. $500 Answer Economies Private Enterprise Economy

79. $100 $200 $300 $400 $500 $100 $200 $300 $400 $500 $100 $200 $300 $400 $500 $100 $200 $300 $400 $500 $100 $200 $300 $400 $500 $100 $200 $300 $400 $500

80. Marketing skills are valuable only to people who are directly employed in the field of marketing.

82. Each of the nine marketing functions occurs every time a product or service is developed and sold.

84. Marketing activities may need to be used to sell low- quality products, but high- quality products do not require marketing.

86. Marketing skills are valuable only to people who are directly employed in the field of marketing.

88. 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.

90. Marketing encourages businesses to provide products and services that consumers want. It also helps educate consumers to make better purchasing decisions.

92. By agreeing to a code of ethics, business people encourage responsible behavior.

94. The cost of resources is the same no matter what economic system a society uses.

96. Individuals who purchase products and services to satisfy needs are producers.

98. 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.

100. 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.

102. 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.

103. c. employee empowerment.

104. 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

105. a.Market Planning

106. Direct, personal communications with customers in order to assess needs a.Marketing Information Managementc.Promotion d.Selling b.Product and Service Management.

108. Assisting in the design and development of products a.Marketing Information Managementc.Selling b.Product and Service Managementd.Financing

109. b.Product and Service Management

110. An organized effort to influence a company by refusing to purchase its products is called a a.strike.c.tariff. b.embargo.d.boycott.

112. 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

113. A. Better Business Bureau

114. The average cost of all marketing activities is about ___ percent of the price of products. a.10c.50 b.25d.90

116. The basic economic problem is a.greed.c.demand. b.supply.d.scarcity.

118. Marketers are most concerned with a.microeconomics. b.minieconomics. c.megaeconomics d.macroeconomics.

120. Name the movie that features this song

122. Name one country in Central America

124. What year did the US Civil War End?

129. Name this actor

131. Who is this boxing legend

133. Adolf Hitler was born in this country?

135. Scooby sells snacks for $4.25 he buys those snacks for $3.00. If Scooby sold ten snacks how much money did he make

137. The Phillies have won how many World Series Championships

139. A typical adult human skeleton consists of how many bones

141. 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

142. Final Jeopardy Answer Pure Competition Monopoly Oligopolies Monopolistic Competition