

Ag Business (AgTech, AgMech, AniSci)
Flashcard
•
Other
•
9th - 12th Grade
•
Practice Problem
•
Hard
Wayground Content
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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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