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Vocabulary flashcard
N/A
10
Marketing
10th Grade
09/06/2013

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Cards

Term
Advertising
Definition
Any paid of nonpersonal presentation of ideas, goods, or services
Term
Customers
Definition
the people who buy goods and services
Term
Durable goods
Definition
Tangible items that should last a long time
Term
Economy
Definition
The system in which people make and spend their incomes
Term
Feature
Definition
A fact about or characteristic of the product
Term
Goods
Definition
Tangible objects and materials
Term
Marketing
Definition
The activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partner, society at large
Term
Marketing concept
Definition
A philsoophy of conducting business that is based on the belief that all business activities should be aimed toward satisfying customer wants and needs while achieving company goals
Term
Nondurable goods
Definition
Tangible item that are comsumed within a short time
Term
Personal selling
Definition
The form of promotion that determines clients needs and wants and responds through planned, personalized communication that influences purchase decisions and enchances future business opportunities
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