HELE Flashcards

1
Q

SOMETHING THAT IS MANUFACTURED FOLLOWING A PROCESS OR GROWN AND NURTURED IN OTDER TO BE SOLD FOR A PROIT.

A

PRODUCT

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2
Q

SOMETHING THAT IS SHOWN OR PRESENTED TO THE PUBLIC TO HELP SELL A PRODUCT OR TO MAKE AN ANNOUNCEMENT.

A

ADVERTISEMENT

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3
Q

THE ACTIVITY OF MAKING BUYING OR SELLING GOODS OR PROVIDING SERVICES IN EXCHANGE FOR MONEY.

A

BUSINESS

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4
Q

THE AMOUNT OF MONEY THAT IS NEEDED TO PAY OR BUY SOMETHING.

A

EXPENSES

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5
Q

MONEY THAT IS MADE IN A BUSINESS OR TO GET MONEY FROM SOMETHING

A

PROFIT

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6
Q

LIKE ROASTED PEANUTS VARIETIES OF COOKIES….

A

SIMPLE PRODUCTS

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7
Q

WHAT IS THE 1ST STEP IN MAKING YOUR OWN SIMPLE PRODUCT? (IT IS A DRAWING OR SKETCH OF THE PRODUCT YOU HAVE IN MIND)

A

DESIGN YOUR PRODUCT

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8
Q

WHAT IS THE 2ND STEP IN MAKING YOUR OWN SIMPLE PRODUCT?( UNLEASH YOUR CREATIVITY BY CHOOSING THE RIGHT MATERIALS FOR YOUR PRODUCT)

A

DECIDE WHAT PRODUCTS TO USE

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9
Q

WHAT IS THE 3RD STEP IN MAKING YOUR OWN SIMPLE PRODUCT? ( CREATE FIRST THE INITIAL VERSION OF THE PRODUCT.)

A

CREATE YOUR PRODUCT

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10
Q

WHAT IS THE 4TH STEP IN MAKING YOUR OWN SIMPLE PRODUCT? ( HAVE A GOOD LOOK WITH YOUR PRODUCT)

A

EVALUATE THE FIRST VERSION AND MAKE THE NECESSARY ADJUSTMENTS OR CHANGES

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11
Q

WHAT IS THE 5TH STEP IN MAKING YOUR OWN SIMPLE PRODUCT?(COMPUTE THE COSTS INCURRED IN MAKING THE PRODUCT)

A

DETERMINE THE PRICE OF THE PRODUCT

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12
Q

WHAT IS THE 6TH STEP IN MAKING YOUR OWN SIMPLE PRODUCT?( PROMOTE YOUR PRODUCT USING PRINTED MATERIALS OR ONLINE)

A

ADVERTISE YOUR PRODUCT

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13
Q

IT IS ACQUIRING THE POSSESION OF OR THE RIGHT TO BY PAYING OR PROMISING TO PAY EQUIVALENT ESPECIALLY IN MONEY PURCHASE

A

BUYING

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14
Q

THE BUYING DECISION PROCESS MODEL STARTS WITH THE RECOGNINTION OF WHAT

A

NEEDS AND WANTS

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15
Q

IT IS A MARKETING FUNCTION THAT INVOLVES DETERMINING THE CLIENT NEEDS AND WANTS

A

SELLING

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16
Q

IT IS AN IMPORTANT PRODUCT THAT YOU MUST ACQUIRE

17
Q

IT IS A PRODUCT THAT YOU DESIRE BUT NOT IMPORTANT

18
Q

THESE ARE THE THINGS WE NEED IN ORDER TO SURVIVE.

19
Q

OFTEN REFERRED TO AS MIDDLEMEN

A

WHOLESALER

20
Q

ONE WHO ENGAGED IN SUCH METHOD OF SALE

21
Q

IT CONSISTS OF A VARIETY OF MERCHANDISE FOR SALE

A

SARI-SARI STORE

22
Q

VARIOUS GOODS SOLD BY A FIRM ARE ATTRACTIVELY PORTRAYED IN ITS CATALOG AND ORDERS FOR GOODS ARE FILLED BY MAIL

A

MAIL-ORDER SELLING

23
Q

SALESMEN GO TO THE HOME OR OFFICES OF CUSTOMERS TO SELL THEIR PRODUCTS

A

HOUSE-TO-HOUSE SELLING

24
Q

THE DESIRE TO WORK FOR PROFIT

A

PROFIT MOTIF

25
INCLUDE PRODUCTS OF AGRICULTURE AND INDUSTRIES LIKE MINING FORESTRY AND FISHERY
RAW MATERIALS
26
MANUFACTURED ITEMS THAT ARE USED TO PRODUCED OTHER GOODS
CAPITAL GOODS
27
EFFICIENT WORKMEN ARE INDISPENSABLE IN A MANUFACTURING ESTABLISHMENT
LABOR
28
FINAL RESPONSIBILITY FOR PRODUCTION AS WELL AS FOR OTHER AREAS OF BUSINESS ACTIVITIES.
MANAGEMNET
29
THIS IS THE PROCESS OF PROMOTING AND SELLING A PRODUCT TO A CUSTOMER
PRODUCT MARKETING
30
WHERE DOES SUCCESS IN SELLING LARGELY DEPENDS ON?
SALESPERSON
31
IT INVOLVES BUYING THE MERCHANDISE FROM A PROMARY OR SECONDARY SOURCE SUCH AS PRODUCERS OR MANUFACTURERS AND WHOLESALERS AND MIDDLEMEN
SELLING
32
a face-to-face contact where seller and buyer have to be together.
Personal Selling
33
a paid form of communication in the form of TV and radio commercials, billboards, magazine ads, newspaper paid ads, etc.
Advertising
34
uses reinforcing techniques in the form of “buy one, take one” offers discounts, product demonstration, trade contest, freebies, and the like.
Sales Promotion
35
this makes the people aware of the availability of the product. This enables the buyers to smell, feel, and see the product’s good quality and features.
Product Display
36
known as “free publicity” in the form of news releases, public appearances of company officials, and participation in industry-wide publicity efforts.
Publicity
37
What are Modern Technologies used in Marketing the Products
Print and graphic arts media Electronic media Product Display Internet Marketing Promotional Gift
38
aims to create awareness towards a particular product with the end in view of making potential buyers become interested in the product and be persuaded to buy it.
promotional strategy
39
What are Popular Promotional Strategies
1. Giving out free samples of the product. 2. Giving discounts or price off like “buy one take one”. 3. Exchanging an old item with a new one and paying additional cash on top of the new one. 4. Collecting coupons with equivalent points and exchanging them with a product corresponding to the value of coupons. 5. Participating in fairs and exhibits where a product can be displayed in a booth and the person-in-charge talks about the product.