Block B Intro to Business and Marketing Student Created Review

What are characteristics for a successful enterprenuer?

• Determined
• Sociable
• Organized
• Impulsive
• Shy

Specail Event Pricing is...

• Stuff is more expensive on the owners birthday.
• Items are reduced in price for a short period of time, based on a specific event.
• Used to increase store traffic by offering some very popular items for sale at below-cost prices.
• Sets higher-than-average prices to suggest status and high quality to the consumer.

Marketing Research is...

• The process and methods used to gather the information, analyze it, and report findings related to marketing goods and services
• Looking at your customers.
• Setting pricing figures that end in either odd or even numbers.
• Living with your customers so you know what products they will like.
• Making cheap prices.

What are some of the 7 core marketing functions?

• Selling
• Buying
• Channel Management
• Promotion
• Pricing

What does SWOT stand for?

• Strengths, Worms, Oranges, Trees
• Selling, Working, Oppotunities, Time
• Strengths, Weaknesses, Opportunities, Threats
• Selling, Weaknesses, Overtime, Territory
• String, Work, Owls, The

Select the Needs

• water
• food
• Iphone
• house
• lambo car

What is sole proprotorship

• 1 owner
• 2 owners
• 3 owners
• 4 owners
• 5 owners

what are the four P's

• place
• position
• price
• promotion
• product

What is Entrepruenor traits

• risk
• creativity
• leadership
• long term focus
• all of the above

What are the three graphics in marketing

• phenomgraphic
• phycographic
• demographic
• geographic
• autographic