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1.3_Sloan_Fund of mk

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
Consists of consumers who purchase goods and services for personal use.   Consumer Market  
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All people who share similar needs and wants and who have the ability to purchase a given product   Market  
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Includes all businesses that buy products for use in their operations   Industrial Market OR business to business B-to-B  
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What is the difference between Industrial and consumer markets?   Consumer is for personal use and Industrial is for business operations  
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A company's percentage of the total sales volume generated by all the companies that compete in a given market   Market Share  
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The group that is identified for a specific marketing program is the ______ ______   Target market  
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Businesses create a ________ _______ to develop a clear picture of their taget market.   customer profile  
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Product, place, price, and promotion make up the _________ ___   Marketing mix  
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Created by: vhaun
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