Term
|
Definition
| The kinds of things you can touch or hold in your hand. |
|
|
Term
|
Definition
| The kinds of things you can touch |
|
|
Term
|
Definition
| Takes place every time something is sold in the marketplace |
|
|
Term
|
Definition
| Changing raw materials or putting parts together to make them more useful |
|
|
Term
|
Definition
| Added Value of economic terms |
|
|
Term
|
Definition
| Having a product where customers can buy it |
|
|
Term
|
Definition
| Having a product available at a certan time of year or convenient time of day |
|
|
Term
|
Definition
| The exchange of a product for monetary value. |
|
|
Term
|
Definition
| Involves communication with the consumer. |
|
|
Term
| Which economic utility is not classified as a market utility? |
|
Definition
|
|
Term
| In a market economy, why must prices be competitive but not too low? |
|
Definition
|
|
Term
| Place Utility is having a product where it is.... |
|
Definition
|
|
Term
| What are 2 benefit that a career in marketing would offer? |
|
Definition
| stable employment and financially rewardin |
|
|
Term
| What are the 5 job levels in marketing? ECMMM |
|
Definition
| Entry Level, Career Level, Marketing Specialist, Marketing supervisor/manager, Manager and CEO's |
|
|
Term
| What does the entry job level entail? |
|
Definition
| No prior experience, limited decision making skills |
|
|
Term
| What does the career level entail? |
|
Definition
| HIgher level of skill and more decision making. |
|
|
Term
| What does the Marketing Specialist level requre? |
|
Definition
| Leadership and making many decisions on a daily basis |
|
|
Term
| What do marketing supervisors have to do? |
|
Definition
| Management skills, decision making skills, excellent marketing skills |
|
|
Term
| What do Managers and CEOS do. |
|
Definition
| competent to run a small business, have the responsiblity of the company. |
|
|
Term
|
Definition
| making or producong things |
|
|
Term
|
Definition
| Product is available certain times of year or covineint time of day |
|
|
Term
|
Definition
| Exchange of a prodcut for cahs |
|
|
Term
|
Definition
| Invoves communication with the consumer. |
|
|
Term
| Seven Marketing Core Functions? |
|
Definition
Channel Management/Distribution
Market Plannin
Marketing/Info Management
Product/service managemengt
Pricing
Promotion
Selling |
|
|
