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Core marketing concepts Flashcards | StudBud
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Core marketing concepts
Core marketing concepts
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Questions
7
Answers
1
The wants become …........... when the wants are supported by ability and willingness to buy
Want
Product
Demand
Need
2
…...... are the options of satisfying needs that shaped by culture and individual personality.
Want
Need
Product
Demand
3
Marketers provide product, service and idea to the customers in …......... of money.
Transaction
Demand
Exchange
Market
4
A …............. is a thinking of mind that reflects the lackness of something.
Need
Demand
Want
Market
5
All kinds of things that are offered to a market to satisfy consumers but it is invisible
Market
Product
Service
Value
6
….......... is the difference between benefit of a product and the cost of buying this product
Value
Want
Demand
Service
7
....................... is a place where buyers and sellers sell and buy products and service
Marketing
Distribution centre
Market
Exchange