BF Chapter 10 Vocabulary

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Across
  1. 4. a company’s plan that identifies how it will use marketing to achieve its goals.
  2. 8. persons who buy products and services mostly for their own use.
  3. 9. businesses that take part in a channel of distribution.
  4. 10. the route a product follows and the businesses involved in moving a product from the producer to the final consumer.
  5. 11. the blending of four marketing elements—products, distribution, price, and promotion.
  6. 14. the availability of a service to match the demand for that service at a specific time.
  7. 15. any form of communication used to inform, persuade, or remind; communicating information about products and services to potential customers; the advancement of an employee to a position with greater responsibility.
  8. 16. The activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.
  9. 17. a specific group of customers that have similar wants and needs.
  10. 18. any paid form of communication through mass media directed at identified consumers to provide information and influence their actions.
  11. 21. the exchange of information so there is common understanding by all participants.
  12. 22. something that is consumed at the same time it is produced.
  13. 23. everything a business offers to satisfy a customer’s needs.
  14. 24. the reasons consumers decide what products and services to purchase.
  15. 25. the final business organizations in an indirect channel of distribution for consumer products.
Down
  1. 1. persons, companies, and organizations that buy products for the operation of a business, for incorporation into other products and services, or for resale to their customers.
  2. 2. the specific sequence of steps consumers follow to make a purchase.
  3. 3. something that has no physical form.
  4. 5. an approach that considers the needs of customers when developing a marketing mix.
  5. 6. direct, individualized communication with prospective customers to assess their needs and assist them in satisfying those needs with appropriate products and services.
  6. 7. finding solutions to problems through carefully designed studies involving customers.
  7. 12. characterized by the differences in the type and quality of service provided.
  8. 13. the locations and methods used to make a product or service available to the target market; determining the best ways for customers to locate, obtain, and use the products and services of an organization.
  9. 19. money customer must pay for a product or service.
  10. 20. a set of promotional activities designed to obtain sales in the retail setting.