CLE 10 --- Business Terms Quiz

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Across
  1. 3. The exchange of information so there's common understanding by all participants.
  2. 7. a systematic snapshot that reports financial transcripts.
  3. 8. The process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services that satisfy individual and organizational objectives.
  4. 11. any paid form of communication through mass media directed at identified consumers to provide information and influence their actions.
  5. 15. this is where a company gets their products from.
  6. 18. the route a product follows and the businesses involved in moving a product from the producer to the final consumer.
  7. 20. motives the reasons consumers decide what products and services to purchase.
Down
  1. 1. This is when a business is considers society's well-being when making decisions.
  2. 2. These are the 4 P's of a Marketing Mix.
  3. 4. This is the relationship between the benefits a customer receives for a good compared to what the customer must give in exchange for it.
  4. 5. a joint venture between a franchisor and a franchisee. The franchisor is the original business.
  5. 6. The blending of the marketing elements.
  6. 9. when operating under this marketing strategy, companies worry about keeping and improving relationships with existing customers.
  7. 10. the locations and methods used to make a product or service available to the target market.
  8. 12. a business project or undertaking.
  9. 13. This term is used to describe a payment system when people get paid according to the number of units produced.
  10. 14. what you owe other parties in a business.
  11. 16. direct individualized communication with prospective customers to access the needs and assist them in satisfying those needs to the appropriate products and services.
  12. 17. the items your company owns that can provide future economic benefit.
  13. 19. something that creates a profit.