Chapter 13.1 Key Terms Created by: Dory Villatoro
Across
- 5. A pathway to direct products to consumers
- 7. Consists of four basic marketing strategies: product, place, price, and promotion
- 8. The process of creating, promoting, and presenting a product or service to meet the wants and needs of consumers, wherever they are
Down
- 1. The point at which total revenues, or sales, equal total costs and expenses of developing and offering a product or service
- 2. To build and maintain relationships with their customers
- 3. Occurs when goods and services are sold from the producer directly to the customer
- 4. Involves one or more intermediaries in the distribution
- 6. A group of customers who share common wants and needs