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7 Functions of Marketing Flashcards | StudBud
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7 Functions of Marketing
7 Functions of Marketing
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Introduction to the 7 Functions of Marketing
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
Interrelated activities involved in getting products from producers to consumers are marketing
Concepts
Research
Functions
Strategies
2
Which function is an employee helps customers make selections of new items that appeal to them.
Pricing
Distribution
Selling
Promotion
3
Which marketing function could have been used to prevent a surplus of inventory?
Selling
Marketing-information Management
Pricing
Product/Service Management
4
Which marketing function helps answer the question, "What are we going to produce or sell?”
Selling
Promotion
Product/Service Management
Marketing Information Management
5
MKT function that involves deciding the $ amount it will cost customers to buy goods is called
Pricing
Cash Discounting
Marketing
Break-even analysis
6
Which marketing function helps businesspeople forecast how much will be sold in a given period?
Channel Management
Market Planning
Promotion
Risk Management
7
What MKT function answers the question "Where will the products be offered?":
Channels of Distribution /Channel Management
Selling
Promotion
Product/Service Management
8
What marketing function helps marketers decide to whom to sell?
Marketing-Information Management
Distribution
Financing
Product/Service Management
9
You inform consumers about new services offered. You will be involved in what MKT function?
Financing
Distribution
Pricing
Promotion
10
Which of the following statements is true about marketing functions:
Each of the MKT functions is independent of the others.
Some MKT functions are much more important than others.
MKT functions work together to get products from prod.-cons.
MKT functions are important to producers but not consumers.