Chapter Voc.
Chapter Voc.
Chapter Voc.
Chapter Voc.
Chapter Voc.
100
The creation creation and maintenance of satisfying exchange relationtionships.
What is Marketing
100
You do not rely on others for the things you need to survive.
What is Self Sufficient
100
Exchanging products or services with others by agreeing on their values
What is Bartering
100
Concentrating on one thing or a few related activities so that they can be done well.
What is Specialization of Labor
100
Established the use of currency as a recognized medium of exchange.
What is the money system
200
A location where people bring products to be conveniently exchanged.
What is a central market
200
A function that creates or obtains products or services for sale.
What is Production
200
Offering products produced or manufactured by others for sale to customers
What is Merchandising
200
The ongoing activities designed to support the primary function of a business and keep it operating efficiently.
What is Operations
200
A function that plans and manages financial resources and maintains records and information related to a business's finances.
What is Accounting and Finance
300
A function that involves developing, implementing, and evaluating the plans and activities of a business.
What is Management
300
Using the needs of customers as the primary focus during the planning, production, pricing, distribution, and promotion of a product or service.
What is the Marketing Concept
300
A description of a unique group of prospective customers a business wants to serve and their location.
What is a Market
300
The blending of four marketing elements -- product, distribution, price, and promotion -- by the business.
What is Marketing Mix
300
Anything offered to a market by the business to satisfy needs, including physical products, services, and ideas.
What is Product
400
Also called place includes the locations and methods used to make the product available to customers.
What is Distribution
400
The amount that customers pay and the methods of increasing the value of the product to the customers.
What is Price
400
The methods used and information communicated to encourage customers to purchase and to increase their satisfaction.
What is Promotion
400
Focuses on developing loyal customers who continue to purchase from the business for a long period of time.
What is Relationship Marketing
400
An approach to customer service that gives employees the authority to solve many customer problems.
What is Employee Empowerment
500
A function that plans and manages financial resources and maintains records and information related to a business’s finances.
What is Accounting and Finance
500
Using the needs of customers as the primary focus during the planning, production, pricing, distribution, and promotion of a product or service.
What is Marketing Concept
500
The blending of four marketing elements – product, distribution, price, and promotion – by the business.
What is Marketing Mix
500
An approach to customer service that gives employees the authority to solve many customer problems.
What is Employee Empowerment
500
Focuses on developing loyal customers who continue to purchase from the business for a long period of time.
What is Relationship Marketing
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