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