Shared Flashcard Set

Details

PM terms test
N/A
19
Business
Undergraduate 1
10/20/2011

Additional Business Flashcards

 


 

Cards

Term
A _____ is a good, service, or idea consisting of a bundle of tangible and intangible attributes that satisfies consumers and is received in exchange for money or some other unit of value. 
Definition
Product
Term
______ are the intangible activities or benefits that an organization provides to satisfy consumers' needs in exchange money or something else of value.
Definition
Services
Term
_______ are products purchased by the ultimate consumer.
Definition
Consumer products
Term
________ are products that assist directly or indirectly in providing products for resale. Also called B2B goods, industrial goods, or organizational goods.
Definition
Business products
Term
A _____ is a specific product that has a unique brand, size, or price.
Definition
product item 
Term
A _____ is a group of product or service items that are closely related because they satisfy a class of needs, are used together, are sold to the same customer group, are type of outlets, or fall within a given price range. 
Definition
product line
Term
A _____ consists of all of the product lines offered by an organization. 
Definition
product mix
Term
The _____ consists of the four unique elements to services: intangibility, inconsistency, inseparability, and inventory.
Definition
four I's of servicse
Term
______ occurs when the service provider is available but there is no demand for the service.
Definition
Idle production capacity
Term
The ______ consists of the stages an organization goes through to identify business opportunities and convert them to a salable good or service.
Definition
New product process (7 steps)
Term
_____ is the process of managing the entire customer experience within the company. 
Definition
Costumer Experience Managenment (CEM)
Term
Make four Is' card
Definition
Term
make seven stages cards
Definition
Term
product life cycle card
Definition
Term
branding card
Definition
Term
BRAND EQUITY CARD
Definition
Term
branding statiges cards
Definition
Term
off peak pricing 
Definition
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