Ch. 2 Vocabulary: Sports & Entertainment Mgmt: Juan Sanchez 6th Hr
Across
- 4. rate at which companies produce goods and services in relation to the amount of materials and number of employees utilized
- 7. a focus on satisfying customer needs
- 10. all of the consumers who will purchase a product or service
- 12. group of consumers within a larger market who share one or more characteristics
- 13. an attempt to appeal to a large, general group of consumers
- 15. the percentage of total sales of a product or service that a company expects to capture in relation to its competitors
- 16. purchases made by consumers with little thought
Down
- 1. purchases based on careful thought and sound reasoning
- 2. the capability to produce products or services more efficiently and economically than the competition
- 3. difference between customer expectations and actual service received
- 5. the value of the next best alternative that you pass up when making a choice
- 6. point of sales at which all of the expenses are covered
- 8. a business culture that communicates values through high performance and excellent customer service
- 9. the value people believe they receive from a product or service
- 11. purchases based on consumer loyalty to a particular brand or product
- 14. a specific group of consumers a business wants to reach