Marketing

What is primary data?

• top secret data
• data that's primary
• New information that is collected for a particular purpose
• information for a primary class

What is secondary data?

• data that's secondary
• Existing information that was previously gathered for a purpose other than the study at hand
• data analyzed second
• idk

Which of the following statements BEST describes where marketing takes place?

• Marketing takes place exclusively in a central marketplace.
• Marketing is limited to certain places and times during the day.
• Marketing takes place everywhere and is a constant force in our lives.
• Marketing takes place at some public places but not all and usually goes unnoticed.

An individual who buys products or services for personal use and not for manufacture or resale

• price
• product
• advertising
• consumer

A type of promotion used to get people to want to buy something.

• price
• product
• advertising
• Marketing mix

How/where a product will be distributed

• Price
• Place
• Promotion
• Product

Setting and communicating the value of products and services. Setting the cost at the right level.

• Price
• Place
• Promotion
• Product

THE 4 P's - product, place, promotion, price

• price
• selling
• target market
• Marketing mix

Which of the following is not a form of advertising?

• TV Commercial
• Billboard
• Weekly Sale Circular
• All of them are forms of adveritising

Product costs + operating expenses + markup

• Cost
• Selling Price
• a lot
• Profit