Marketing

A group of customers who share common wants and needs, and who have the ability to purchase the product is a

• Market

• Marketing

• Marketing Concept

• Target Market

The process of creating, promoting, and presenting a product to meet the wants and needs of customers is

• Market

• Marketing

• Marketing Concept

• Target Market

Knowing your customers wants and needs in order to make a profit is

• Market

• Marketing

• Marketing Concept

• Target Market

Performing detailed research on markets (like teenagers) to find and analyze potential customers in their market willing to buy their product is

• Market

• Marketing

• Marketing Concept

• Target Market

Distribution, Financing, Marketing Information Management (Market Research), Pricing, Product/Service Management, Promotion, and Selling are functions of:

• Marketing

• Marketing Mix

• Market Research

• Channels of Distribution

A set of actions or tactics that a company uses to promote its brand or product in the market is

• Marketing Mix

• Market Research

• Demographics

• Channel of Distribution

Companies gather and study information about consumers to determine what kinds of goods and services to produce is

• Marketing Mix

• Market Research

• Demographics

• Channel of Distribution

Facts about the population in terms of age, gender, location, income, and education is

• Marketing Mix

• Market Research

• Demographics

• Channel of Distribution

A particular way to direct products to consumers is

• Marketing Mix

• Market Research

• Demographics

• Channel of Distribution

Direct Distribution involves intermediaries

• True

• False