Consumer and Industry Reaction to the Market and Economy

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which of the following is not a part of the marketing environment?

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 79,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free
Try it risk-free for 30 days. Cancel anytime
Already registered? Log in here for access

1. Which of the following terms describes the amount of money left over after taxes?

2. According to statistics, women bring in at least _____ percent of the income in most homes within the United States?

Create your account to access this entire worksheet
A Premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

About This Quiz & Worksheet

This quiz and corresponding worksheet will help you gauge your understanding of the impact the economy has in marketing and especially the five parts of the economic environment most important to marketers. Topics you'll need to know to pass the quiz include understanding all the different parts of the marketing environment as well as the phrase denoting the amount of money left over after taxes.

Quiz & Worksheet Goals

Use these assessment tools to assess your knowledge of:

  • The different parts of the marketing environment
  • The phrase denoting the amount of money left over after taxes
  • The percentage of income women bring to homes in the U.S. statistically
  • Examples of inflation
  • Methods marketers can use to still sell products during a recession

Skills Practiced

This worksheet and quiz will let you practice the following skills:

  • Defining key concepts - ensure that you can accurately define main phrases, such as disposable income and recession
  • Reading comprehension - ensure that you draw the most important information from the related impact of the economy in marketing lesson
  • Interpreting information - verify that you can read information regarding the impact of the economy in marketing and interpret it correctly
  • Knowledge application - use your knowledge to answer questions about the impact of the economy in marketing

Additional Learning

To learn more about the five parts of the economic environment important to marketers, review the corresponding lesson on the Impact of the Economy in Marketing. This lesson covers the following objectives:

  • Define the exact meaning of recession
  • Identify the different parts of the marketing environment
  • Know the phrase denoting the amount of money left over after taxes
  • Learn the percentage of income women bring to homes in the U.S. statistically
  • Appreciate some examples of inflation
  • Understand the methods marketers can use to still sell products during a recession
Support