Mischievous Marketing
a strategic planning tool that helps businesses decide on growth strategies by analyzing 4 options: Market Penetration, Product Development, Market Development, and Diversification
Used to describe the quality of a product
What is a grade?
Costs incurred in daily life or business operations, such as rent, groceries, or utility bills.
What are expenses?
Any person, company, or other institution that owns at least one share in a company (owners of a company)
Who is a shareholder?
This character from the movie ‘Wicked’ famously goes by two names who’s first letters can be made into each other by being flipped upside down.
Madame Morrible MM Flip it around WICKED WITCH
the process of identifying groups of consumers based on demographics, psychographics, and behavior to better tailor marketing strategies.
What is market segmentation?
Federal and state laws that regulate the sale and credit policies surrounding consumer sales.
What is consumer protection?
A set of standard rules and guidelines that companies follow to ensure their financial statements are consistent, accurate, and comparable
What are GAAPs (Generally Accepted Accounting Principles)?
the process by which businesses and countries become more interconnected through international trade, investment, technology, and communication.
What is globalization?
Appeared in 1,492 NBA games (1,490 starts) for the Lakers, Cavaliers, and Heat. Has the most assists among all frontcourt players in NBA history.
Who is Lebron James?
Julia's company releases a new gaming console at a very high price when it first comes out. Gamers who want the newest technology buy it right away. A few months later, the company lowers the price so more customers can afford it. This pricing strategy is known as what?
What is price skimming?
These processes consist of rules or regulations that protect a business and it’s assets.
What are security policies and procedures?
Organizations that provide a range of financial services, such as loans, savings accounts, and insurance, to low-income individuals and small business owners who lack access to conventional banking service
What are microfinance institutions?
Money a company spends to acquire, upgrade, or maintain long-term physical assets like buildings, machinery, or technology, providing benefits for more than one year
What is capital expenditure?
What is W
Martin is in the checkout line at the grocery store when he sees an eye-catching display of candy bars.He realizes that he's hungry, so he grabs one for the ride home. The candy bar display in the checkout aisle is an example of this type of marketing.
What is point-of-sale marketing?
Hotel products and services designed to appeal to guests.
What is an amenity?
The process of gradually paying off a loan or spreading the cost of an intangible asset over time.
What is amortization?
A system where prices and production are determined by supply and demand, with minimal government intervention, allowing buyers and sellers to make voluntary choices, promoting competition, innovation, and private ownership
What is a free market economy?
This animal from the franchise ‘Toy Story’ is known to be Woody’s loyal steed.
Who is Bullseye?
Your annual income, inheritance, and money from the sale of an asset are all considered events that contribute toward.
What is tax liability?
The purpose is to encourage tourism and convince businesses and organizations to hold conventions and trade shows in a particular city or region. It may be funded by taxes or by local businesses and could operate as nonprofit marketing organizations.
What is the Convention and Visitors Bureau (CVB)?
A ledger account that reduces the book value of a related asset, carrying a credit balance to show the net value on the balance sheet. An example of this account is accumulated depreciation.
What is a contra-asset account?
A clothing company that sells finished shirts decides to buy a fabric manufacturing plant so it can produce its own materials instead of purchasing fabric from suppliers.
What is backwards vertical integration?
This 1989 movie depicts Robin Williams as a highschool english teacher.
What is Dead Poets’ Society?