Ch. 6 & 10 Vocabulary

123456789101112131415161718
Across
  1. 3. A specific group of customers that have similar wants and needs
  2. 4. Something that has no physical form
  3. 8. An invention or creation that is brand new
  4. 10. 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
  5. 12. Activities that are consumed at the same time they are produced
  6. 14. Any paid form of communication through mass media directed at identified consumers to provide info and influence their actions
  7. 16. Is a designed change that increases the usefulness of a product, service, or process
  8. 17. Someone who takes a risk in starting a business to earn a profit
  9. 18. An organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders
Down
  1. 1. The locations and methods used to make a product or serviced available to the target market; determining the best ways for customers to locate, obtain, and use the products and services of an organization
  2. 2. An independent business with fewer than 500 employees
  3. 5. Is the money provided by large investors to finance new products and new businesses that have a good chance to be very profitable
  4. 6. The reasons consumers decide what products and services to purchase
  5. 7. Setting and communicating the value of products and services
  6. 9. Everything a business offers to satisfy a customer’s needs
  7. 11. The process of stating, organizing, managing, and assuming the responsibility for a business
  8. 13. Something that is consumed at the same time it is produced
  9. 15. Any form of communication used to inform, persuade, or remind; communicating info about products and services to potential customers