

Marketing Vocab Review
Flashcard
•
Business
•
9th - 12th Grade
•
Practice Problem
•
Hard
Wayground Content
FREE Resource
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10 questions
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1.
FLASHCARD QUESTION
Front
Marketing involves planning, pricing, promoting, selling, and distributing ideas, goods, or services to create exchanges that satisfy customers.
Back
Process of planning, pricing, promoting, selling, and distributing ideas, goods, or services to create exchanges that satisfy customers.
2.
FLASHCARD QUESTION
Front
Goods and Services
Back
Tangible and intangible items that satisfy needs and wants.
3.
FLASHCARD QUESTION
Front
Marketing Concept
Back
A business should satisfy customers' needs and wants while generating profit.
4.
FLASHCARD QUESTION
Front
Utility
Back
The added value of a product in economic terms (based on marketing functions).
5.
FLASHCARD QUESTION
Front
Market: All people who share similar needs and wants and can purchase a product.
Back
Market definition.
6.
FLASHCARD QUESTION
Front
Consumer Market
Back
consumers who purchase goods and services for personal use.
7.
FLASHCARD QUESTION
Front
Industrial Market
Back
Includes all businesses that buy products for their operations.
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