Which of the following is most related to the marketing concept?

Fill in the following blanks to explain how marketing has helped consumers by

a. Lowering _______ of goods through competition

b. ________ customers about goods and services

c. Offering a _______ _______ of products and services

Obtaining the money needed to start and operate a business is a marketing function known as ____________________.

When Apple decides to improve features of the iPhone by developing a newer, more up-to date version, they have conducted the marketing function known as __________.

Six Flags Amusement Park wants to start offering more games in the game area that will attract more teenagers. While at the park, you are asked to complete a questionnaire about games you would like them to offer. This is an example of the _________________ marketing function?

You were just hired at PetSmart to be a cashier. Your job includes running the cash register and assisting customers with their needs. This job is an example of the ___________ marketing function.

The marketing function of ______________ is used when Mayfield Milk decides how many trucks to use to transport its products in a timely manner to reduce product spoilage.

Annie has decided to mark up the cost of the newest bathing suit line she just ordered for her boutique by 50%. This is an example of the __________ marketing function.

When Lois, a small business owner, decides to become a sponsor in his local community’s annual Cancer Walk in order to create publicity for his company, he is making decisions in relation to the _________ marketing function.

The process of planning, improving, and/or adding to a firm’s product line.

Decisions surrounding the transportation and storage of goods from producer to consumer.

Finding the money to invest in the business and helping customers to find ways to purchase the product.

Collecting and analyzing information in order to make decisions about a product/service.

Deciding the amount to charge customers for products/services based on demand, completion, and the costs of raw materials.

Informing, reminding or persuading customers about a product, the company or a social cause that is important to the company.

Personally communicating with the customer in order to help them purchase a product.

The channel of distribution for a product, or path that a product takes to get from producer to consumer, should be ________, _______ and ________ ______ in order for a company to move their products effectively .

Which intermediary obtains goods in order to sell them directly to consumers?

Which intermediary brings buyers and sellers together but does not take ownership of the actual product?

Which intermediary obtains goods to sell to industrial users?

Economics is the study of how a nation uses its resources. The resources, or factors of production, in an economy include:

Supply is the quantity of goods and services that:

Demand is the quantity of goods and services that:

In an economy, individuals, businesses and the government have a variety of choices on which to spend their money. Once the choice is made, the alternative choices given up are considered:

William decides to purchase a baseball bat for $50. The opportunity cost of the decision to purchase the bat is which of the following?

In an economic system, which of the following is the decision to purchase raw materials and make it into an item to sell?

In an economic system, the decision to hire more employees in order to make more products is answering which economic choice?

In an economic system, the decision to sell products to middle class teenagers whose hobbies include sports answers which economic choice?

Hu Jintao, the dictator of China, makes the decisions which affect the jobs and living conditions of people living in China. The economic system in China is closer to which economic system?

New Zealand promotes private ownership of businesses where competition among business owners drives prices. They are considered to be closer to which type of economic system?

Haiti’s economy is based mainly on agricultural products such as coffee. This is considered which type of economic system?

Which type of economic system occurs when both the government and individuals own factors of production?

Who makes the decisions in a Command economic system?

Who makes the decisions in a Market economic system?

Who makes the decisions in a Traditional economic system?

Who makes the decisions in a Mixed economic system?

Honda recently opened a plant in a town in hopes of building their vehicles cheaper. When Honda began interviewing potential employees, they found there were few educated and trained employees in the area. The limited number of potential employees compared to Honda’s need for trained and educated employees is considered to be the economic problem of _________.

Match the consumer product image example to it's explanation using the image.

Match the consumer product image example to it's explanation using the image.

Match the consumer product image example to it's explanation using the image.

Match the consumer product image example to it's explanation using the image.