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Duplicate of Marketing Vocabulary Flashcards | StudBud
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Duplicate of Marketing Vocabulary
Duplicate of Marketing Vocabulary
14 terms
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StudBud Administration
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21 plays
Let's learn what #marketing is all about. Ready to test your knowledge of #MarketingTerms? Let's go!
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1
Distribution, Financing, Pricing, Mktg Info Mgmt, Product/Service Mgmt, Promotion, Selling
7 functions of running a business
7 functions of management
7 functions of marketing
7 ways to make money
2
Obtaining, developing, maintaining and improving products in response to market opportunities
Product changes
Product Service Management
Product Marketing Management
Product development
3
Getting good info about customer's trends and competing products (gathering, analyzing etc.)
Competitive Info
Customer Info
Demographics
Marketing Info. Management
4
Tangible items that have monetary value and satisfy your needs and wants
Services
Goods
Products
Ideas
5
Decisions that dictate how much to charge for goods and services in order to make a profit
Promoting
Planning
Pricing
Costing
6
Intangible items that have monetary value and satisfy your needs and wants
Ideas
Products
Services
Goods
7
Understanding concepts and strategies needed for career exploration development and growth
Professional Development
Economics
Business Management & Entrepreneurship
Communication & Interpersonal Skills
8
Understanding concepts strategies and systems needed to interact effectively with others
Professional Development
Economics
Communication & Interpersonal Skills
Business Management & Entrepreneurship
9
To inform, persuade or remind potential customers about a business's products and services
Place
Promotion
Price
Product
10
How to get goods to customers
Distribution
Manufacturing
Financing
Pricing
11
Getting money necessary to pay for setting up and running a business
Financing
Distribution
Pricing
Banking
12
1) Bus Mgmt/Entrepreneurship 2) Communicate/Interpersonal skills, 3) Econ 4) Prof development
4 P's of Marketing
4 Marketing courses
4 Foundations of Marketing
4 Skills Marketeers must have
13
Understanding the economic principle and concept that are basic to marketing
Communication & Interpersonal Skills
Business Management & Entrepreneurship
Economics
Professional Development
14
Concepts that affect business decision making
Business Management & Entrepreneurship
Professional Development
Communication & Interpersonal Skills
Economics