Functions of marketing
Obtaining goods and services for use in the operation of a business or for resale is what function
Purchasing
The product’s usefulness is increased because of its location is what form of utility.
place utility
What is Marketing
marketing is telling people why you have what they need and listening to what they care about
how is wheat changed to a more useful product is an example for what?
Form Utility
How much money do companies average spending a year on marketing just to kids?
15 billon
The determination of an exchange price at which the buyer and seller perceive optimum value for a good or service is what function
pricing
Making a product available at the right time of year or a convenient time of day is what form of utility
Time utility
What is a good
Goods are materials you can touch.
Christmas season, Valentine’s Day or stores staying open late in order to attract customers who work during the day is an example for what
Time Utility
what is the physical movement or the transfer of ownership of a good or service form the producer to the consumer.
Distribution
The process of creating a product in response to market opportunities is what function
Product Planning
The ability to aid customers in owning goods is what kind of utility
Possession Utility
What is a exchange
an exchange takes place every time something is sold.
Where does the various types of food you eat everyday come from? Would you like to go to Florida to get an orange? are examples of what
Place Utility
what is Determining the need for and availability of financial resources to aid in marketing activities.
Financing
Gathering, recording, analyzing and disseminating information to aid in making marketing decisions is what function
Marketing Information Management
Usefulness added to the product through communication Is what kind
Information Utility
what is a service
services are a series of tasks performed for a customer
The usefulness of a product is an example of what
Utility
to understand business. . . to learn interpersonal skills
. . . to perfect communication skills are reasons to what .
study marketing
Communicates information about products, services, images or ideas to customers or clients to influence their purchase behavior.
Promotion
Making or producing things is what kind of utility
Form Utility
What is a product
products are goods and services.
If the store offer credit cards or takes checks is an example of what .
Possession Utility
Marketing is what
Products
Goods
Services