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Marketing review - Alexis Carbajall Flashcards | StudBud
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Marketing review - Alexis Carbajall
Marketing review - Alexis Carbajall
15 terms
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Flashcards
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Questions
15
Answers
1
Which one of these
IS
one of the seven functions of marketing?
Finance
GDP
copyright
Profit
2
A business structure that protects assets of its owners.
demographics
LLC
corporations
profits
3
What is the definition of sole proprietorship?
involves the exchange process between the consumer and the seller
money left after all costs and expenses of a business are paid.
Buisness owned and run by one person, No legal distinction.
legal protection of a creators intellectual property or products
4
Market is the ability to buy a product.
True
False
5
Which one of these is NOT one of the 7 functions of marketing?
pricing
Selling
economics
Finance
6
What is the definition of GDP?
Statistics that describe population in terms of personal characteristics
Value of all goods and services produced within a country.
Ability to buy a product
A good or service produced within a country's borders.
7
Which one of these is
NOT
one of the 4 p's?
promotion
place decisions
product decision's
price decisions
8
Organizations need to satisfy their customers while also trying to reach their organizations goals.
Market concepts
Market goals
Target market
Market
9
Money left after all costs and expenses of a business are paid.
Profit
pricing
selling
Finance
10
GDP and GDP per capita are the same.
True
False
11
What is a patent?
gives an inventor the exclusive rights to their invention
type of intellectual property that protects original work.
symbol, word, or words legally registered
a business structure that protects the assets of its owners
12
Product service management is one of the seven functions of marketing.
True
False
13
study of the choices and decisions that affect making, distributing, and using goods and services.
Economics
GDP
profit
GDP per capita
14
Which one of these is not a legal protectant?
copyright
patents
Trademarks
distribution
15
What is the definition of demographics?
Statistics that describe population in terms of personal characteristics
group of customer a organization selects as the focus of its marketing plan
legal protection of a creators intellectual property or products.
money left after all costs and expenses of a business are paid