Functions
Functions cont.
Foundations
Examples
Examples cont.
100
Providing customers with the goods and services they want.
What is Selling?
100
Developing and improving a product in response to a customers needs and wants.
What is Product Service Management?
100
Understanding the basics of certain concepts that affect business decision making.
What is Business, Management, Entrepreneurship?
100
Physically moving and storing goods. Utilizing transportation methods such as train, rail, ship, or air.
What is an example of Distribution?
100
Organizing, managing, and assuming the risks of a business or enterprise and conducting business affairs.
What is an example of Business, Management, Entrepreneurship?
200
How much one charges for goods and services in order to make a profit.
What is Pricing?
200
The gathering and analysis of information regarding customers, trends, and the competing products.
What is Marketing Information Management?
200
Understanding concepts, strategies, and systems needed to interact effectively with others.
What is Communication and Interpersonal Skills?
200
Body language, tone, eye contact, etc.
What is an example of Communication/Interpersonal Skills?
200
Radio commercials, Television ads, etc.
What is an example of Promotion?
300
Getting the money that is necessary to pay for setting up and running a business.
What is Financing?
300
Understanding the economic principles and concepts that are basic to marketing.
What is Economics?
300
Wholesalers, retails, or manufacturers.
What is an example of Selling?
300
Renovating logos, display methods, and/or physical aspects of a product.
What is an example of Product/Service Management?
400
Any form of communication to persuade or inform customers about the company and products.
What is Promotion?
400
Understanding concepts and strategies needed for career exploration, development, and growth.
What is Professional Development?
400
Studying complicated tables, charts, statistics and numbers, and also understanding rational human behavior in the endeavor to fulfill needs and wants.
What is an example of Economics?
400
Food Lion sells apples for a dollar. Winn Dixie decides to sell it for $.50
What is an example of Pricing?
500
The process of deciding how to get goods in customers' hands.
What is Distribution?
500
Enrollment in formal degree programs or pursuing certificates, accreditations or other credentials through educational programs.
What is an example of Professional Development?
500
Bank loans, Selling shares or stocks.
What is an example of Financing?
500
Marketers researching consumers' habits, attitudes, where they live, and trends.
What is an example of Marketing Information Management?