AICE Business: Words from Quarter 3
Across
- 3. a type of sampling using one or a number of specific groups to draw samples from
- 6. research that leads to numerical results
- 7. the range of the middle 50% of the data
- 11. the quantity of a product that consumers are willing and able to buy at a given price in a time period
- 13. a type of orientation that has an outward approach based on research of consumer wants
- 14. the quantity of a product that firms are prepared to sell at a given price in a time period
- 18. a type of research that involves the collection of first-hand data
- 19. the market price that equates supply and demand for a product
- 20. the four key decisions that must be taken in the effective marketing of a product
- 22. a type of marketing that identifies and exploits a small segment of a larger market by developing products to suit it
Down
- 1. goals set for the marketing department to help the business achieve its overall plan
- 2. the management task that links the business to the customer
- 4. the value that occurs most frequently in a set of data
- 5. a long term plan established for achieving marketing objectives
- 8. paid for communication with consumers
- 9. a type of pricing that adds a fixed mark-up for profit to the unit price of a product
- 10. an identifying symbol, name or image
- 12. a group of people who are asked about their attitude towards a product, service, or advertisement
- 15. a type of orientation that has an inward approach based on time tried products and selling to consumers
- 16. short for customer relationship management
- 17. a way to inform consumers and persuade them to buy
- 21. the buying and selling of goods and services through an electronic form