Ent. Q3 Vocabulary - pt 1

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Across
  1. 2. A ______ is responsible for planning, organizing, staffing, directing, and controlling the work of others in a systematic way.
  2. 6. segmentation divides a market on the basis of its physical and social characteristics, including gender, origin or heritage, religion, socioeconomic status, and life stage.
  3. 8. ________ businesses: Employ fewer than 500 employees
  4. 10. The rapid and unimpeded flow of capital, labor, and ideas across national borders.
  5. 11. An individual who identifies an opportunity to create new value, develops and offers a unique product, assumes the risks of starting and building a business, focuses on the improvement and growth of that business, and receives personal and financial rewards for their efforts.
  6. 12. refers to the way in which people lead their daily lives as determined by their income, interests, and activities.
  7. 17. an attribute of your product or brand that separates your business from competitors
  8. 19. Marketing element referring to what goods, services, or ideas a business will offer its customers
  9. 21. An employee or manager of a company who is tasked with product development and marketing.
  10. 23. __________ marketing: When sellers design products that will appeal to most buyers and direct their marketing activities to the whole market, they are using
  11. 26. is defined by a person’s individual qualities or traits and behavior. It affects the person’s buying decisions
  12. 28. Difficult, impractical, or impossible
  13. 29. Lifestyles and personalities of customers are used as the basis for ___________ segmentation of markets.
Down
  1. 1. Legal protection of an invention or a process granted by government to its owners for a certain number of years
  2. 3. ___________ responsibility: A business being responsible for conducting itself with integrity, for respecting the rights of others, and for playing fair is called what?
  3. 4. __________ segmentation:Dividing customers into groups according to their response to a product
  4. 5. Marketers often divide the total market for their products into smaller, more specific groups, or market _______
  5. 7. a financial share in a business, or an emotional investment in something
  6. 9. ________ responsibility: A business being responsible for operating within the confines of federal, state, and local laws is called what?
  7. 12. The ability to easily convert your investment back into cash
  8. 13. The _______ tests foods, cosmetics, and drugs to prevent the sale of unsafe items
  9. 14. A _________ exists when a single business influences the entire production of a particular good or service.
  10. 15. Specific actions that will be used to carry out strategies
  11. 16. The ______, for instance, prohibits businesses from discriminating against job candidates and employees because of certain physical and mental impairments.
  12. 18. feasibility ________ is An organized inquiry into the possible success of a business idea or venture
  13. 20. Your ___________ code of ethics guides you to make the right decisions, even in tough situations.
  14. 22. Marketing element focusing on considerations in getting a selected product in the right place at the right time
  15. 24. _________ policy determines the amount of money that will be in circulation and the level of interest rates
  16. 25. The basic principles that govern your behavior
  17. 27. What is something your company can do that can not be easily replicated? ______ advantage