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chapter 1 business vocab Flashcards | StudBud
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chapter 1 business vocab
chapter 1 business vocab
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#business marketing
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
functions of MKT
.Marketing Information Management
Distribution
Product/Service Management
all of the above
2
The four ps of marketing
promoting,pictures,plotting
please,proper,plan
product,pricing,place,promotion
3
WHAT IS MKT MANAGEMENT
information needed to make sound business decisions
selling random products
4
example of promotion
samples
all of the above
ads
new paper ads
5
examples of
DISTRIBUTION
homework
food
truck
stock
6
what is a Place Utility
value added buy weight
Value added by having a product where customers can buy it
value added by time
7
what is the key to being a sales men
tell the customer bad things about product
make the customer feel rushed
approach the customer with a planned sales pitch
make the customer feel comfortable so share your life story
8
what is
FINANCING
business that needs money
broke people that need money
money needed to finance the operation of a business
9
which one is marketing?
promoting
testing
stocking
studying
10
what is some marketing concepts?
satisfied customers needs and wants
give them whatever
PROMO
FINANCING
