FUNCTIONS
Financing
Determining the need for and availability of financial resources to aid in marketing activities
products are______and services
goods
what is inflation
Inflation is the rate at which prices for good and services rise
possession utility is the ability to aid __________in owning goods.
customers
What is Marketing?
Products, Goods,and Services
purchasing
obtaining goods and services for use in the operation of a business or resale
________are a series of tasks performed for a customer.
services
main reason for high inflation now cont.
Government Sponsored Unemployment poor Government Policies
Information utility is the ____________added to a product through communication.
usefulness
Why study marketing?
to understand business,to learn interpersonal skills, to perfect communication skills.
promotion
communicates information about products, services, and so on.
an________takes place every time something is sold or traded.
exchange
Main reason for high inflation now
Too much money in our economy Supply Chain Disruptions cause.
place utility is the product's usefulness being increased because of its___________
location
Functions of Marketing
Purchasing,Pricing,Product Planning,Marketing Information Management
distribution
the physical movement or the transfer of ownership of a good or service from the producer to the consumer
goods are things you can touch.true or false?
true
How much was housing went up
Housing increase 18.6%
_______ utility is making a product available at the right time of the year or a convenient time of day.
time
Information Utility
Usefulness added to the product through communication.Packages, labels, advertisements, displays, signs .
Marketing Information Management
Gathering, recording, analyzing and disseminating information to aid in making marketing decisions.
this is telling people why you have what they need and listening to what they care about
Marketing
Areas when inflation is impacting us the most
Transportation Food increases
________are a series of tasks performed for a customer
services
Form Utility
Making or producing things, For example, how is wheat changed to a more useful product?