Managing the Marketing Function Flashcards

1
Q

A group of activities designed to facilitate and expedite the selling of goods and services

A

Marketing

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2
Q

Four P’s of Marketing

A

Product
Price
Place
Promotion

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3
Q

Promotional Tools

A

a) Advertising
b) Publicity
c) Personal Selling
d) Sales Promotion

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4
Q

Steps in Strategic Marketing

A

a) selecting a target market

b) developing a marketing mix

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5
Q

Factors Used in Selecting a Target Market

A

a) the size of the market

b) the number of competitors serving the market

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6
Q
A
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