Market Analysis Chapter Exam

Exam Instructions:

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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Question 1 1. What is market trend analysis?

Question 2 2. Looking for patterns and relationships is known as what?

Question 3 3. Why should you conduct market trend analysis?

Question 4 4. The things that customers actually purchase are known as what?

Question 5 5. What do the cultural and legal regulations of a market analysis consider?

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Question 6 6. What can the trends in customers needs and interests do for your business?

Question 7 7. The probability that a customer will purchase an item is known as what?

Question 8 8. What is a market analysis?

Question 9 9. Which of the following BEST describes the purpose of the definition and outlook of your industry in a market analysis?

Question 10 10. What are the main components of market analysis?

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Question 11 11. What is a target market?

Question 12 12. Why should you consider several trends relevant to your business?

Question 13 13. What is a market trend?

Question 14 14. Which one is NOT a reason why businesses use market basket analysis?

Question 15 15. Looking for combinations of items purchased together is called what?

Market Analysis Chapter Exam Instructions

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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