Chapter 10, Intro to Business
Across
- 1. a marketing research study that gathers information from people using a carefully planned set of questions.
- 3. setting and communicating the value of products and services.
- 4. the amount added to the cost of a product to set the selling price.
- 6. research analyzing existing information gathered for another purpose but used to solve a current problem.
- 9. a person or organization that is being communicated to by another person or organization.
- 11. something that has no physical form.
- 14. something that is consumed at the same time it is produced.
- 16. the amount of money available to the business after all costs and expenses have been paid.
- 17. a set of promotional activities designed to obtain sales in the retail setting.
- 20. expenses all of the expenses of operating the business that are associated with the product.
- 21. a marketing research study that collects information by recording the actions of consumers rather than asking them questions.
- 22. promotion activities and materials designed to reinforce a company's brand and image. It is also a direct incentive to take an action likely to immediately increase sales of a product or service.
- 24. money customer must pay for a product or service.
- 25. ownership of goods.
- 28. the availability of a service to match the demand for that service at a specific time.
- 29. research studies carried out to gather new information specifically directed at a current problem.
- 30. price the price paid by the customer for the product.
- 31. choices of product features.
- 33. the final business organization in an indirect channel of distribution for consumer products.
- 34. relations an ongoing program of non-paid and paid communications intended to favorably influence public opinion about an organization, marketing effort, idea, or issue.
- 35. market a specific group of customers that have similar wants and needs.
Down
- 2. activities provided for the satisfaction of others that are consumed at the same time they are produced.
- 4. management obtaining, managing, and using market information to improve business decision- making and the performance of marketing activities.
- 5. any form of communication used to inform, persuade, or remind
- 7. intermediaries between manufacturers and retailers.
- 8. selling direct, individualized communication with prospective customers to assess their needs and assist them in satisfying those needs with appropriate products and services.
- 10. merchandising visual signals used to communicate information in a retail setting.
- 12. protection and security for the product before it is used.
- 13. a reduction from the original selling price.
- 15. promotion communication directly with each customer using information tailored to that person.
- 18. non-paid promotional communication presented by the media rather than by the business or organization that is being promoted.
- 19. strategy a company's plan that identifies how it will use marketing to achieve its goals.
- 22. a person or organization that has information to communicate to another person or organization.
- 23. channel of distribution a channel in which products move from the producer to the consumer through one or more other businesses.
- 26. buying motives reasons consumers decide what products and services to purchase based on facts and logic.
- 27. promotion communication to many people at the same time with a common message.
- 32. features additions and improvements to the basic product.