Marketing Mix & Utility
Marketing Basics
Human Resources Basics
Hiring & Compensation
Miscellaneous
100
The ingredient of the marketing mix concerned with both base prices and various kinds of discounts
What is Pricing
100
Using information about customers to create marketing strategies that develop and sustain desirable long-term customer relationships
What is Customer Relationship Management (CRM)
100
The reduction in the workforce that normally occurs when employees leave a company is called
What is Attrition?
100
Perhaps the most widely used selection technique is the ...
What is Interview?
100
This is a computer-based system for continually gathering internal and external marketing information.
What is a Marketing Information System?
200
When Target decides the number and locations of warehouses it needs to build and operate, it is addressing this element of the marketing mix.
What is Distribution (or Place)
200
Females in a market can be classified as a marketing...
What is Segment?
200
Paul wanted to know about the skills and experience needed to qualify for a management position with JcPenney. Thus, he called and asked the personnel specialist to send him a job ...
What is Description?
200
This is a specific amount of money paid per year.
What is a Salary?
200
The process of systematically gathering, recording, and analyzing data concerning a particular marketing problem is called...
What is Marketing Research?
300
By selling Christmas trees from late November through December, Home Improvement is providing this utility.
What is Time?
300
This is a group of individuals and/or organizations that have needs for products in a given category and have the ability, willingness, and authority to purchase such products.
What is a Market?
300
Teaching employees new jobs, skills, and more effective ways of doing their present jobs is called employee....
What is Training?
300
The process of attracting qualified job applicants.
What is Recruiting?
400
The utility created by making a product available at a location where customers wish to purchase it.
What is Place Utility?
400
Markets are classified as either business-to-business or ...
What is Consumer?
400
Assessing employee's current and potential performance levels is called .....
What is Performance Appraisal?
400
The payment employees receive in turn for their labor.
What is Compensation?
400
The process of acquainting new employees with an organization.
What is Orientation?
500
Morton Salt Company designs a single marketing mix and directs it at the entire market. The company is using this approach.
What is Undifferentiated?
500
The amount of a product an organization expects to sell during a certain period of time, based on a specified level of marketing effort, is a ....
What is a Sales Forecast?
500
Differences among people in a workforce owing to race, ethnicity, and gender.
What is Cultural Diversity (Or Workplace Diversity)?
500
The relative pay levels for all the positions within the firm is the ___ structure.
What is Wage?
500
The decisions and actions of people involved in buying and using products.
What is Buying Behavior?