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Marketing Concepts
Marketing Concepts
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StudBud Administration
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Introduction to Marketing Concepts
Flashcards
9 cards
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Practice quiz
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Host live
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Questions
9
Answers
1
Having Christmas decorations available in December is an example of __________ utility
Possession
Place
Information
Time
2
What utility involves taking yarn, thread, and fabric to make a sweater?
Information
Time
Form
Place
3
_____________ are privileges, or monetary payments beyond salary and wages, that go with a job.
Employment Trends
Occupational Areas
Benefits
New and Improved Products
4
___________ utility involves having a product where customers can buy it.
Form
Place
Time
Information
5
The exchange of a product for some monetary value is
Management
Form Utility
Possession Utility
Occupational Area
6
Starting your own business falls under the ____________ foundation of Marketing
Economics
Entrepreneurship
Professional Development
Communications
7
___________ is the process of developing, promoting, and distributing products to fill needs.
Financing
Management
Engineering
Marketing
8
__________ are products that you can hold or touch
Advertising
Goods
Services
Display
9
Jobs in __________ are increasing while careers in _____________ are decreasing.
Management, Travel
Marketing, Economics
Economics, Statistics
Marketing, Production