Chapter 2 Flashcards

1
Q

organizational customers

A
  • commercial enterprises
  • government units
  • non profit organizations
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2
Q

commercial enterprises

A
  • industrial distributers
  • value added resellers
  • OEMs
  • users and end users
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3
Q

industrial distributers

A
  • provide (form, time, place, possession) utility
  • assort products from many manufacturers based on segment needs
  • serve smaller customers
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4
Q

value added resellers

A
  • more tan just a distributor
  • provide unique, complete offering from many sources
  • create value network at the user level
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5
Q

OEM

A
  • buy products to use in their product

- largest volume users of goods and services

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6
Q

users and end users

A
  • a manufacturer that buys goods or services to incorporate into their product
  • IDENTITY OF PRODUCT BECOMES LOST
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7
Q

government units

A

85,000 local, state and federal units

  • more than 35% of GNP
  • largest consuming group in the US
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8
Q

example of user/end user

A

Goodyear buys steel to make tires so goodyear is the steel manufacturer’s end user

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9
Q

example of OEM

A

Goodyear is an OEM to auto industry

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10
Q

non profit organizations

A
  • hospitals
  • churches
  • colleges
  • nursing homes
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11
Q

product types

A
  • raw material producers
  • component parts & manufactured materials producer
  • accessory equipment suppliers
  • capital goods manufacturers
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12
Q

raw materials producer

A
  • compete in price sensitive markets
  • seek value added positions
  • product loses identity
  • dominated by few large producers
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13
Q

component parts & manufactured materials producer

A
  • parts retain same form
  • retain identity when in new product
  • differentiated by value added
    ex. disc drive in computers
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14
Q

capital goods manufacturer

A
  • large purchases with high risk to consumer
  • many people involved in decision
  • customer expect installation, equipment, and accessories
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15
Q

accessory equipment suppliers

A
  • equipment that works with another offering
  • accessories can be added to a bundle
  • produced by independent supplier
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16
Q

publics

A

communities of interested parties who are not direct participants in a market as customers, channel members, suppliers or competitors

17
Q

types of publics

A
  • financial publics
  • independent press
  • public interest groups
  • internal publics
18
Q

why do publics care

A
  • economic or societal effects of activities

- may be considered stakeholders in the buying center

19
Q

the competitive environment

A
  • influences value creation and behavior on market participants
  • pure comp, mono comp, olig comp, pure mono
20
Q

PLC

A

intro, growth, maturity, decline

21
Q

TALC

A

technophiles, visionaries, pragmatists, conservatives, laggards