Across
- 4. Resources are owned by individuals.
- 7. The ongoing activities designed to support the primary function of business of a business and keep it operating efficiently.
- 9. Examines the relationships between individual consumers and produces, small picture.
- 10. Exchanging products or services with others by agreeing on their values.
- 11. The individual view of worth of a product or service.
- 13. Taking personal responsibility for actions.
- 16. The point where supply and demand for a product are equal, equilibrium.
- 17. Concern about the consequences of actions on others.
- 20. A plan that identifies how a company can achieve its goals.
- 22. Marketing activities designed to satisfy customer needs without negatively impacting the environment.
- 28. Set of standards or rules that guide ethical business behavior.
- 30. marketing is _________ meaning it is involved in all important business decisions and considered an essential part of business.
- 31. a group of similar consumers within a larger market.
- 33. Market in which one supplier has almost total control
- 34. When many suppliers offer very similar products.
- 35. When the price of a product is increased, less will be demanded.
- 36. Organized actions of groups of consumers seeking to increase their influence on business practices.
- 40. Promoting a product to wholesalers and retailers who will then. in turn, promote the product to customers.
- 42. Product, price, place, and promotion.
- 43. Unlimited wants and needs combined with limited resources result in __________.
- 44. Function that involves developing, implementing, and evaluating a business's plans and activities.
- 45. Illustrates the the relationship between price and the quantity demanded.
- 47. Gives employees the authority to solve many customer problems.
- 48. Illustrates the relationship between price and quantity supplied.
- 49. The government equals the three economic questions.
- 52. function that creates or obtains products or services for sale.
- 53. Some goods and services are provided by the government and some by private enterprise.
- 54. The creation and maintenance of satisfying exchange relationships.
Down
- 1. The relationship between the quantity of a product consumers are willing and able to purchase and the price.
- 2. You do not rely on others for the things you need to survive.
- 3. concentrating on one thing or a few related activities.
- 5. Made up of all businesses involved in completing marketing activities as products move from producer to consumer.
- 6. Established the use of currency as a recognized medium of exchange.
- 8. As the price goes down, fewer will be manufactured.
- 12. Clearly defined segment of the market which a business wants to appeal.
- 14. Promoting a product directly to the customer so that the customer will then request the product from manufacturers.
- 15. Studying and prioritizing market segments to locate the segment with the best potential based on demand and competition.
- 18. Plans and manages financial resources and maintains records and information related to a business's finances
- 19. The exchange of products and services with people in other countries.
- 21. Focuses on something other than providing products and services for a profit.
- 23. Studies the economic behavior in the economy, big picture.
- 24. A location where people bring products to be conveniently exchanged.
- 25. The amount of satisfaction a consumer receives from the consumption of a particular product or service.
- 26. The use of resources to obtain the greatest profit.
- 27. Focuses on developing customer loyalty.
- 29. The relationship between the quantity of a product producers are willing and able to provide.
- 32. A few businesses offer very similar products or services.
- 37. Offering products produced or manufactured by others for sale to customers.
- 38. Include new markets as well as ways to improve a company's offerings in current markets.
- 39. Using the needs of customers as the primary focus during the planning, production, pricing, distribution, and promotion of a product or service.
- 41. The businesses used to provide many of the marketing functions during the distribution process.
- 46. Organized effort to influence a company by refusing to purchase its products.
- 50. moral principles or values based on honesty and fairness.
- 51. Description of a unique group of prospective customers.