7 functions of Marketing

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

• promotion
• distribution
• MIM
• PSM

Payment options are a part of the ___________ function. 

• Promotion
• MIM
• Selling
• Financing

Marketing research on customer preferences:

• MIM
• PSM
• Selling
• Financing

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

• Promotion
• Pricing 
• Selling
• Finance

Ford  changed the body style of the Mustang to give it a more retro look and a sleeker overall design. This is an example of the  _________ function.

• PSM
• MIM
• Finance
• Selling

To inform, persuade, or remind customers about your product.  Television, radio, print and online media are used to promote company’s products.

• Promotion
• Selling
• MIM
• PSM

Providing customers with goods and services they want

• MIM
• PSM
• Promotion
• Financing