Marketing
The 4 Ps of marketing?
What are product, price, place, and promotion?
Customer relationship management.
What is focuses on building and maintaining positive, profitable relationships with customers through personalized service and loyalty strategies.
The health and safety regulations in business.
What is requiring businesses to comply with OSHA standards and other federal/state laws, ensuring a safe environment through hazard assessment, proper equipment use, emergency preparedness, and security measures to prevent injuries, illnesses, and damage to people and property.
Explain the nature of accounts receivable.
What is accounts receivable (AR) represents the money a company is owed by its customers for goods or services already delivered, but not yet paid for.
Matching down to everything.
The Promotional Mix
What is a combination of marketing communication methods, including advertising, personal selling, sales promotion, public relations (and publicity), and direct marketing.
Describe marketing functions and related activities.
What are product/service management, pricing, promotion, distribution, marketing information management, selling, and financing
The information privacy, security, and confidentiality considerations in business.
What is to consider information privacy, security, and confidentiality to protect sensitive customer and employee data, maintain consumer trust, comply with evolving legal requirements, and prevent reputational and financial damage from data breaches.
Explain the purposes and importances of credit.
What is credit's primary purpose is to enable individuals and businesses to borrow money for purchases or financial needs now, with the promise to pay it back later, often with interest.
How many people/groups can qualify to states from district for roleplay events.
What is 2
The nature of branding.
What is creating a unique and memorable identity for a company, product, or service in the minds of consumers
The nature of legally binding contracts
What are elements that make a contract enforceable, including mutual agreement, consideration, and legality.
To reinforce service orientation through communication
What is to demonstrate a customer-focused attitude by using active listening, clear and courteous communication, and a genuine desire to help customers.
Determine factors affecting business risk.
Are the factors affecting business risk fall into three main categories: external, industry, and internal.
You can have people of the opposite gender in your room.
WHAT IS ABSOLUTELY NOT
The marketing plan.
a strategic, documented roadmap that outlines a company's marketing objectives, strategies, and tactics to reach and engage a target audience, usually over a specific period.
Effective verbal communications
What are being clear, concise, and courteous, and employing active listening by maintaining eye contact, providing feedback, and asking clarifying questions.
The nature of business ethics.
What is to involve the basic moral principles and values that guide decision-making in a business setting, focusing on concepts like integrity, fairness, respect, and accountability.
Explain the nature of balance sheets.
Is the nature of a balance sheet is a financial snapshot that shows a company's assets, liabilities, and owner's equity at a specific point in time.
FREE POINT FOR WHOEVER CHOSE THIS
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The Target Market
What is the specific group of potential customers with shared characteristics that a business aims to reach with its products or services and marketing efforts
Factors that influence customer/client/business buying behavior.
What are social, personal, psychological, cultural, economic, and environmental factors
To identify company’s brand promise.
What is to identify what customers expect, what the company stands for, and what makes it unique by asking key questions.
Discuss external forces affecting a company’s value.
What is the external forces are factors outside of a company's control that significantly influence its value. These forces, often categorized using the PESTLE framework (Political, Economic, Social, Technological, Legal, and Environmental), can create both risks and opportunities that impact a business's stability, profitability, and future potential.
The Goat
Mrs. Axelrod