Marketing & Entrepreneurship
Something popular for a long period of time
What is a trend?
An item that is not necessary for survival but adds comfort to life.
What is a Want?
Purchases goods to resell them to the public.
What is a Retailer?
_____ includes advertising, sales promotions, personal selling and publicity.
What P of the marketing mix is this?
An organization that produces, sells, or provides services for consumers wants/needs in order to make a profit.
What is a For-Profit Business?
Money received, especially on a regular basis, for work or through investments
What is income?
Someone that produces products and sell them to retailers.
What is a Manufacturer?
A catchy phrase or jingle used to remind the consumer of a company or brand
What is a Slogan?
A business that is owned by the people who work there or by those who use the product.
What is a Cooperative Business?
A transaction account that is held at a retail bank that does not earn interest
What is a transaction/chequing account?
Demand.
What refers to how many people want a good?
Character, Capital, Capacity.
What are the 3 C’s of Credit?
an amount of money that a person owes to another person or organization
What is Debt?
Maslow’s Hierarchy of Needs: Which one is missing? Physical, Safety, Belonging, ______, Self-fulfillment.
Esteem