Marketing 1 Final Review Part 2

When a company studies information gathers from target market research it creates a

A company that offers their customers many different ways to pay is 

The utility that refers to the messages that consumers are given

The agency that protects us from false advertising is the

Discretionary income is used to purchase things such as

When a company sells the same product and uses the same promotion in other countries

Competition is good because it

People who are willing to risk their time and money to run a business are called

Which of the following utilities means having a great location for business?

A period of economic growth is called

Which of the following is a reform many socially responsible businesses are providing?

The type of economy that the US has is known as 

The person who has done many things to protect consumers & is called the father of consumerism

Focusing all marketing decisions on a specific group of people is called

The potential for loss or failure is called

A total ban on the import of goods into a country

Markets are segmented by

Requiring that one of their citizens be part of foreign business established in their country

Disposable income is used to buy things such as

The government agency that protects workers from unfair hiring and firing practices is the

When nations depend on each other for goods and services it is known as economic

Retail stores like Wal-mart and K-mart are part of the

Sole control over a product or the means of producing it

Political system in which a country's government makes all of the economic decisions

The point at which supply equals demand