Business Management

3. All attributes, both tangible and intangible, that customers receive in exchange for the purchase price.
7. Act of satisfying and retaining customers.
10. Gradual loss of an asset’s value due to age and wear.
11. Providing money that is needed to perform various marketing activities.
13. Studying buyer interests and needs, testing products, and gathering facts needed to make good marketing decisions.
15. Holding products until consumers need them.
16. Providing personalized and persuasive information to customers to help them buy the products and services they need.

1. Providing information to consumers that will assist them in making a decision to purchase a product or service.
2. Obtaining goods to be resold.
4. Moving goods from where they were made to where consumers can buy them.
5. Businesses that buy products from businesses and resell them to retailers or other businesses.
6. The types of buyers a business wishes to attract and where such buyers are located.
8. The process of recording, analyzing, and interpreting financial activities of a business.
9. Businesses that sell directly to final consumers
12. The amount of money needed to acquire a product.
14. Anything of value owned, such as cash and buildings.