what is initiative?
taking action and doing what is told without being told
what is marketing?
Developing, promoting, and distributing products to satisfy costumer needs and wants.
what is compitition?
a struggle between companies for costumers.
what is the priority to start a business?
the name and slogan
what is a mark-up?
the difference between item cost and sale
what is assertiveness?
standing up for what you believe
what is the marketing concept?
the idea that a business should strive to satisfy costumers' needs and wants while gaining profit
what is economy?
the organization way a nation provides its needs and wants of its population
what is production?
the process of creating, growing, and supplies needed to run a business
what is feature benefit selling?
matching the characteristics of a product to a costumers needs and wants
name the forms of communication.
Letters, memo, emails, text messages, tweet
what are the functions of marketing?
financing, pricing, selling, promotion,distribution, product service management, marketing information management.
what is supply?
the amount of goods producers are willing to make and sell.
what is finance?
the function of business that invlves money management
types of advertising media.
print, broadcast, internet, specialty, social
What are work ethics?
hard work, dependable
what is the marketing mix?
product, price, place, promotion
what is demand?
refers to consumers' willingness and ability to buy products.
what is partnership?
a legal agreement between two or more people
what is rational motive?
a logical reason for a purchase
what are the marketing segments?
psychographics,demographics, buying behavior, geographics
what is inflation?
rising prices
what is an emotional motive?
a FEELING EXPRESSED BY A COSTUMER ABOUT A PRODUCT