Chapter 10: Managing The Marketing Function Flashcards
Survey?
Gathers data by asking by asking questions or interviewing people.
Secondary data?
Refers to information that some other person or organisation has already collected.
Internal data?
Refers to information that has already been collected from inside the business.
External data?
Refers to published data from outside the business
Niche market?
Is a narrowly selected target market segment
Motives?
Are the reasons that individuals do something.
Customer attitude?
Is a persons overall feeling about an object or activity
Culture?
Is all the learned values, beliefs, behaviours and traditions shared by a society.
Product mix?
Is the total range of products offered by a business
Brand name
Is that part of the brand that can be spoken
E-marketing?
Is the practice of using the Internet to perform marketing activities
Publicity?
Is any free news story about a business’s products
Materialism?
Is and individuals desire to acquire more possessions
Primary data?
Are the facts and figures collected from original sources.