Ent. Q3 Vocabulary pt 2
Across
- 10. _______ response: Traits of loyal customers
- 11. Understanding and accepting the responsibility of not knowing the outcome of your actions
- 12. Businesses are responsible for using ________ money wisely and for providing them with returns on their investments
- 14. ___________ refers to heavy, moderate, light, or nonusers of a product or service.
- 16. A three-step process in which businesses gather information about their surroundings, analyze that information, and determine the future impact of that information is called an environmental ______.
- 18. The degree or level of profit a business or a product has the potential to make is ______ potential.
- 19. The identification and selection of markets for a business or for a product is called ______ marketing.
- 20. Something new, such as a new product, strategy, or process
- 22. Marketing element requiring marketers to determine the amount of money they will ask in exchange for their products
- 24. An agreement that allows one company to use the trademarked property of another company to manufacture and sell its own products
- 27. In investing, the economic viewpoint that a stock is worth whatever people are willing to pay for it; also sometimes used as a synonym for market capitalization is referred to as the market _____
- 28. The possibility of loss (failure) or gain (success)
- 29. ________ Response - Birthdays, holidays, weddings, and graduations are examples of special occasions that prompt spending trends for some products.
- 31. A business being responsible for contributing to society in an altruistic (charitable) manner is called what? ________ responsibility
- 33. The _________ market is composed of businesses that purchase items for use in the operation of the business, for resale, or for making other goods
- 34. ____________ ensures safe and healthful working conditions for employees
Down
- 1. How much funds and resources does it take to convert a potential customer into a customer is called customer _____ costs.
- 2. Plans of action for achieving goals and objectives
- 3. an estimation of something's worth
- 4. FUNDING: Using money from investors to finance a project in exchange for shares in the company
- 5. In any business, a customer or potential customer who has an unfulfilled desire and is financially able and willing to satisfy that desire is a
- 6. The process of dividing up the total market into smaller, more specific groups is called market _________
- 7. In investing, borrowed money used for maximizing profit potential
- 8. A marketing/business function that is responsible for moving, storing, locating, and/or transferring ownership of goods and services
- 9. Rules applying to acceptable behavior
- 13. Fluctuations or "ups and downs" in the economy–such as changes in supply, demand, prices, and rate of employment is called economic _________.
- 15. Businesses are responsible for providing _________ with jobs and clean, safe working environments that are free of discrimination and harassment.
- 17. A percentage of actual sales that a licensee pays to a licensor; usually anywhere from 5% to 15%
- 21. Businesses are responsible for meeting _______ needs and wants with quality goods and services.
- 23. A business being responsible for making money and for contributing to the national and local economies is called what? _____ responsibility
- 25. The ________________ is in charge of protecting the environment in the U.S. (Environmental Protection Agency
- 26. The _______________ regulates interstate and international communications by radio, television, wire, satellite, and cable.
- 30. The _________ administers and enforces laws to prevent price fixing, prohibit unfair competitive practices, and regulate false or deceptive advertising
- 32. A marketing function needed to communicate information about goods, services, images, and/or ideas to achieve a desired outcome