Ent. 5.01 Vocabulary

12345678
Across
  1. 3. Type of retail store competing on the basis of low prices and offering limited customer service
  2. 5. Marketing element focusing on considerations in getting a selected product in the right place at the right time
  3. 6. A ratio of net profit (after taxes) divided by net sales that reflects the profit per dollar of sales
  4. 7. The message channel used by a seller to promote a good, service, or idea
Down
  1. 1. The rivalry between two or more businesses to attract scarce customer dollars
  2. 2. Price is the amount of money that the buyer is willing to pay and the seller is willing to accept for a good or service
  3. 4. Any circumstance under which buyers and sellers exchange goods or services for a price
  4. 8. The combination of the four elements of marketing--product, place, promotion, and price