Functions & Utility Review

›Communicating directly with potential customers to determine and satisfy their need.

• Financial analysis
• Selling
• Product & Service Management
• Pricing

›Designing, developing, maintaining, improving, and acquiring products and services that meet consumer needs.

• Marketing-information management
• Promotion
• Product & Service Management
• Financial analysis

›Setting and communicating the value of products and services.

• Promotion
• Pricing
• Financial analysis
• Marketing-information management

›Obtaining, managing, and using market information  to improve business decision-making and the performance of marketing activities.

• Promotion
• Pricing
• Financial analysis
• Marketing-information management

›Determining the best ways for customers to locate, obtain, and use the products and services of an organization.

• Distribution
• Selling
• Marketing-information management
• Pricing

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

Name that function: One on one contact to help customers make informed business decisions.

• marketing information management

• financing

• selling

• distribution

• product service management

Name that function: Negotiating payment terms with textile companies to allow for more time to pay for the goods you purchase.

• Financing

• Pricing

• Promotion

• Product/service management

• Distribution

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

• Promotion

• Pricing

• Product service management

• Marketing information managment

• Selling

Obtaining, developing, maintaining, and improving a product or product line to respond to customer needs and wants.

• Product Service Management

• Financing

• Promotion

• Selling