Entrepreneurship Chapter 9 Crossword Puzzle

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Across
  1. 3. price that is determined by adding a percentage amount to the wholesale cost of an item
  2. 8. lower prices offered for a limited time to increase sales; prices will return to normal when promotion ends
  3. 9. goals goals achievable in years two through five
  4. 11. buying several units at a discounted price; items will be more expensive if they were priced individually
  5. 13. blending of the product, price, distribution, and promotion used to research a target market
  6. 14. payment as a percentage of product sales
  7. 16. the different products and services a business sells
  8. 17. pricing that is determined by how much a customer is willing to pay for a product or service
  9. 18. creating an image of a product in the customers mind
  10. 19. goals achievable in five, ten, or twenty years
  11. 20. they are offered for a business to pay invoices early
  12. 21. used for selling seasonal merchandise that are out of season
  13. 22. pricing that is determined by what the competitor is charging for the same good or service
Down
  1. 1. amount earned as a result of the investment and is usually expressed as a percentage
  2. 2. pricing that is determined by using the wholesale cost of an item as the basis for the price charged
  3. 3. uses the needs of the customers as the primary focus during planning, production, distribution, and promotion of a product or service
  4. 4. fee paid to the license to utilize the service
  5. 5. all of the processes-planning, pricing, promoting, distributing, and selling- used to determine and satisfy the needs of customers and the company
  6. 6. goals achievable in the first year
  7. 7. the name, symbol, or design used to identify your product
  8. 10. the price for service that may be determined by the amount of time it takes to complete the service
  9. 12. the consumer decides what product fits their needs rather than the business
  10. 15. a businesses percentage of total sales generated by all companies in the same market