Ag Business (AgTech, AgMech, AniSci)

Ag Business (AgTech, AgMech, AniSci)

Assessment

Flashcard

Other

9th - 12th Grade

Hard

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31 questions

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1.

FLASHCARD QUESTION

Front

What function is a product or service to be marketed or sold and uses market research to determine consumer wants and needs?

Back

Buying Function

2.

FLASHCARD QUESTION

Front

Which function is studying the product or service to determine reasons customers will want or need a product, that involves developing customer approaches?

Back

Selling Function

3.

FLASHCARD QUESTION

Front

What function identifies ways to make potential customers aware of the product/ service to be offered?

Back

Promoting Function

4.

FLASHCARD QUESTION

Front

What is the function that physically organizes and delivers selected product or service, that includes receiving and storing the merchandise?

Back

Distribution Function

5.

FLASHCARD QUESTION

Front

Which function obtains capital for the inventory, recording sales, maintaining inventory, computing profit or loss, and reporting results?

Back

Financing Function

6.

FLASHCARD QUESTION

Front

Products that are sold directly to the consumer are termed

Back

retail

7.

FLASHCARD QUESTION

Front

Products passed through a middle man before reaching the consumer are termed

Back

wholesale

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