Determining the best ways for customers to locate, obtain, and use the products and services of an organization.
Distribution
Selling
Marketing-information management
Pricing
2. Multiple Choice
20 seconds
1 pt
Communicating directly with potential customers to determine and satisfy their need.
Financial analysis
Selling
Product & Service Management
Pricing
3. Multiple Choice
20 seconds
1 pt
Designing, developing, maintaining, improving, and acquiring products and services that meet consumer needs.
Marketing-information management
Promotion
Product & Service Management
Financial analysis
4. Multiple Choice
20 seconds
1 pt
Setting and communicating the value of products and services.
Promotion
Pricing
Financial analysis
Marketing-information management
5. Multiple Choice
20 seconds
1 pt
Obtaining, managing, and using market information to improve business decision-making and the performance of marketing activities.
Promotion
Pricing
Financial analysis
Marketing-information management
6. Multiple Choice
20 seconds
1 pt
Budgeting for marketing activities, obtaining necessary funds needed for operations, and providing financial assistance to customers so they can purchase the business’ products and services.
Financial analysis
Distribution
Selling
Pricing
7. Multiple Choice
20 seconds
1 pt
Communicating information about products and services to potential customers.
Distribution
Pricing
Selling
Promotion
8. Multiple Choice
30 seconds
1 pt
Any paid form of communication through mass media directed at identified consumers to provide information and influence their actions.
marketing
advertising
buying motives
distribution
9. Multiple Choice
30 seconds
1 pt
The reasons consumers decide what products and services to purchase.
effective communication
distribution
buying motives
marketing
10. Multiple Choice
30 seconds
1 pt
The route a product follows and the businesses involved in moving a product from the producer to the final consumer.
channel of distribution
marketing research
target market
marketing strategy
11. Multiple Choice
30 seconds
1 pt
Intangible activities that are consumed at the same time they are produced.
product
services
target market
market strategy
12. Multiple Choice
30 seconds
1 pt
A specific group of consumers that have similar wants and needs.
marketing strategy
marketing
product
target market
13. Multiple Choice
30 seconds
1 pt
The specific sequence of steps consumers follow to make a purchase.