What is the activity, set of instructions, and process for creating, communication, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large?
What is Marketing?
100
What is everything a business offers to satisfy a customer’s needs
What is Products?
100
What are examples of operating expenses?
What is
Facilities
Utilities
Taxes
100
What is one of the many forms of advertising?
What is
Television
Magazines
Radio
Newspaper
Mass mailing
Outdoor display
Internet
100
Careful shipping, handling, and storing of products is which part of the marketing elements?
What is Distribution?
200
What is communicating directly with potential customers to determine and satisfy their needs.
What is Selling ?
200
What provides protection and security for the product before it is used?
What is Packaging?
200
What is the amount of money available to the business after all cost and expenses have been paid?
What is Profit?
200
What is the purpose of advertising?
What is to attract the attention of the consumers and attempt to influence prospects to take additional action such as visit the store or test the product?
200
When a product is very unique and has no close competitors, prices will be...?
What is High?
300
What is the setting and communicating the value of products and services?
What is Pricing?
300
What is a unique identification for a company’s products?
What is Brand Name?
300
When products age, the prices gradually...?
What is Decrease?
300
What communicates with many people at the same time with a common message?
What is Mass promotion?
300
What are activities that are consumed at the same time they re produced?
What are Services?
400
What is a specific group of consumers who have similar wants and needs
What is Target Market?
400
What is the money a customer must pay for a product or service?
What is Price?
400
When buying a pair of boots in the summer time rather than the winter time prices will be...?
What is Low?
400
What is any form of communication used to inform, persuade, or remind?
What is Promotion?
400
What is the term used for reasons to purchase based on feelings, beliefs, and attitudes?
What is Emotional Buying Motives?
500
What is one of the four elements in the marketing mix?
What is
Product
Distribution
Price
Promotion
500
What is the term used if a product breaks or does not meet customers expectations, the company will repair, replace, or provide a refund?
What is Warranty?
500
When supply is high and demand is low, prices will be...?
What is Low?
500
Personal selling is usually done how?
What is face to face?
500
What is the formula for determining selling price?
What is Cost + operating expenses + profit =selling price?