Chapter 13.1 Key Terms Created By: Camryn Sterling
Across
- 5. the point at which total revenues, or sales, equal total costs and expenses of developing and offering a product or service
- 7. involves one or more intermediaries
- 8. a pathway to direct products to consumers
Down
- 1. consists of four basic strategies: product, place, price, and promotion
- 2. the process of creating, promoting, and presenting a product or service to meet the wants and needs of customers, whenever they are
- 3. to build and maintain relationships with their customers
- 4. occurs when goods or services are sold from the producer directly to the customer
- 6. a group of customers who share common wants and needs