Extras for Exam Flashcards

1
Q

Customer Service

A

Responding to the needs and problems of the customer. Central to this response is making sure the desired product is delivered at the appropriate place at the right time

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2
Q

shareholders

A

the owners of the company

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3
Q

Logo

A

A graphical representatation that identifies a business product

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4
Q

Media Richness

A

The ability of a communication method to best convey a message

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5
Q

Marketing Concept

A

That a customers needs and wants are met while achieving the business’ objectives

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6
Q

Advertising

A

Paid non-personal messages communicated through mass media to the public

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7
Q

Exports

A

Goods or services sold by one country to individuals, businesses or governments in another country with the aim of extending sales and market penetration

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8
Q

Flack

A

A person who engages in unethical and socially irresponsible practices

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9
Q

Fair Trade

A

Trade that takes place without any restrictions such as tariffs

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