Hospitality
The stages that a product goes through in its life.
Product Life Cycle
The purpose of a business idea explained with a goal to get funding
Pitch
Particular group of customers that the marketing campaign is focused on
Target Market
Where is ICDC this year?
Alanta Georgia
The value placed on a product
Pricing
A document that list a products purchase price
Invoice
When two companies come together
Merger
What is the Marketing Mix
Product, Price, Place, Promotion
Feb. 5
Cost
A process to determine the cost of production or operation of a business by assigning expenses to various stages of production or operations of a firm.
Special Events
Activity of starting a business for profit
Entrepreneurship
A catchy phase or set of words that idenitfy a product or business
Slogan
What are the 5 different test you could take for competition.
Marketing, Manegement, Finance, Hospitality, Entrepreneurship
Income Tax
Calculated as a percentage of the taxable income workers earn while on the job.
An individual or organization with products for sale
Vendor
A business owned by one owner
Sole proprietorship
Promotion
Choices made about advertising, personal selling, sales promotion and public relations used to communicate, inform and persuade potential and current customers
Where is State Located
Kansas City
Credit
A way to receive cash or goods, while paying later.
Promotional Activities that are designed to create a good image for the company
Public Relations
A start up company that is usually privately held that reaches an evaluation of 1 billion dollars.
Unicorn
Market Research
The process of gathering information, conducting analysis and presenting findings for a product or service to make marketing decisions
What is the Name of the Hotel we are staying at in ICDC
OMNI
Capital
money invested in a business to generate income. Capital can also be defined as wealth in the form of an asset which can be an indication of strength of an individual, business or country.