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Ohio Assessments for Educators - Marketing (026): Practice & Study Guide Final Exam

Free Practice Test Instructions:

Choose your answer to the question and click 'Continue' to see how you did. Then click 'Next Question' to answer the next question. When you have completed the free practice test, click 'View Results' to see your results. Good luck!

Question 1 1. What's the best explanation of secondary data?

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Question 2 2. Kayla bought butter last week but paid no attention to the brand when she made her purchase. This is an example of _____.

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Question 3 3. What is NOT involved in the limited decision making process?

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Question 4 4. What happens when actual inflation is higher than expected inflation?

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Question 5 5. Which of the following statements regarding an exchange rate is not true?

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Question 6 6. Which of the following BEST defines long-term financing?

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Question 7 7. Market research:

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Question 8 8. Which of the following is the best example of a purchase that would fall under extended decision making?

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Question 9 9. Which of the following is the best explanation of a free market in the real world?

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Question 10 10. John is the owner of a small IT company. In exchange for a financial investment, he gave his friend Katerina 10% of the company. This is an example of what type of financing?

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Question 11 11. Which of the following factors determine how much a reference group has influence on a consumer buying decision?

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Question 12 12. The market for coffee is currently in equilibrium. If the demand for coffee decreases, which of the following would LEAST likely happen?

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Question 13 13.

Assume the following exchange rates:

1 Dollar = 102 Japanese Yen

1 Dollar = 0.6 British Pound

1 Dollar = 0.91 Swiss Franc

1 Dollar = 13 Pesos

Which of the following is the least amount of money?

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Question 14 14. Which one of the following scenarios represents a marketing research study?

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Question 15 15. Which of the following best describes a line graph?

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Ohio Assessments for Educators - Marketing (026): Practice & Study Guide Final Free Practice Test Instructions

Choose your answer to the question and click 'Continue' to see how you did. Then click 'Next Question' to answer the next question. When you have completed the free practice test, click 'View Results' to see your results. Good luck!

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