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