BM Unit 4 Mid-Unit Review
Across
- 5. Something that is necessary to live and function.
- 6. Intangible tasks or acts performed for a customer for a price or fee.
- 9. Stage of the product life cycle when competitors see the opportunity, and enter the market.
- 10. Something that you wish to have, so as to add comforts in your life.
- 14. Stage of the product life cycle when sales are low, the product is seen as unfamiliar, and informative promotion is needed.
- 17. Refers to the concept that a service cannot be separated from its provider.
- 18. A type of segmentation where customers are divided based on physical location characteristics.
- 19. A type of purchase made based on careful thought and reasoning.
- 20. A type of purchase made due to a customer's loyalty to a brand or product.
- 22. A type of segmentation where customers are divided based on lifestyles, interests, and personalities.
- 23. Refers to the concept that services cannot be stored for later sale or use.
- 24. Product, price, place, and promotion!
Down
- 1. The market segment whose needs and wants can be directly fulfilled by the product at-hand.
- 2. Includes only the words, logos, symbols, or marks that are legally registered for use by a single company.
- 3. Stage of the product life cycle where a new product may replace the old.
- 4. A type of segmentation where customers are divided based on things like age, gender, nationality, etc.
- 7. A type of segmentation where customers are divided based on behavior patterns and product interactions.
- 8. Refers to the concept that the quality of a service depends on who provides the service as well as when, where, and how the service is delivered.
- 11. Stage of the product life cycle where promotion costs rise and competitors must cut costs to compete.
- 12. Tangible objects that are useful to consumers.
- 13. A quality, characteristic, or feature of a physical good.
- 15. Refers to the concept that services are non-physical.
- 16. An item or style that does well, but during a short-lived cycle.
- 21. A type of purchase made with little thought during emotional highs and lows.