7 Functions of Marketing

Multiple Choice

Payment options are a part of the ___________ function. 

• Promotion
• MIM
• Selling
• Financing

Multiple Choice

Deciding where and to whom products need to be sold in order to reach the final users.

• promotion
• distribution
• MIM
• PSM

Multiple Choice

Marketing research on customer preferences:

• MIM
• PSM
• Selling
• Financing

Multiple Choice

Name that function: Educating customers on the features and benefits on the newest cell phone.

• Promotion

• Pricing

• Product service management

• Marketing information managment

• Selling

Multiple Choice

Name that function: Evaluating sales data to eliminate products that are not selling well.

• Product service management

• Marketing information management

• Distribution

• Promotion

• Selling

Multiple Choice

Name that function: Offering a 25% discount to drive sales during the busy holiday season.

• Pricing

• Promotion

• Selling

• Marketing information management

Multiple Choice

Name that function: Reminding customers about your products through advertising activities such as social media marketing, commercials and billboards.

• marketing information management

• financing

• promotion

• product service management

• distribution

Multiple Choice

Providing customers with goods and services they want

• MIM
• PSM
• Promotion
• Financing

Multiple Choice

Decisions about how much to charge for goods and services.  Identify the price you would charge for your product.

• Promotion
• Pricing 
• Selling
• Finance