Save
Busy. Please wait.
Log in with Clever
or
show password
Forgot Password?
Don't have an account?  Sign up 
Sign up using Clever
or
Username is available taken
show password


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account. Your email address is only used to allow you to reset your password. See our Privacy Policy and Terms of Service.

Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't Know
Remaining cards (0)
Know
0:00
edit
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Marketing Management

Vocabulary Terms Chp 10

QuestionAnswer
Amount of money charged for a product. Price
Basing your price on what buyers perceive as valuable. Value- Based Pricing
Equal amounts of quality and good service at a decent price Good- Value Pricing
Adding value to a product in order to increase its price Value- Added pricing
Setting prices based on how much it costs for production, distribution selling plus profits Cost based pricing
Costs that do not fluctuate based on demand production or sale level Fixed Costs
costs that fluctuate based on production level variable costs
variable costs plus fixed costs Total costs
The more production experience someone has, the better the product will turn out, which means it will be cheaper Experience curve
Marking up a products price Cost- plus pricing
Setting the costs of a product to equal to production, distribution and selling costs Break- Even Pricing
Starts with an ideal price and then builds product around that price Target Costing
How prices change based on demand Price Elasticity
Number of units bought at different prices. Demand Curve
Created by: trgresham
Popular Marketing sets

 

 



Voices

Use these flashcards to help memorize information. Look at the large card and try to recall what is on the other side. Then click the card to flip it. If you knew the answer, click the green Know box. Otherwise, click the red Don't know box.

When you've placed seven or more cards in the Don't know box, click "retry" to try those cards again.

If you've accidentally put the card in the wrong box, just click on the card to take it out of the box.

You can also use your keyboard to move the cards as follows:

If you are logged in to your account, this website will remember which cards you know and don't know so that they are in the same box the next time you log in.

When you need a break, try one of the other activities listed below the flashcards like Matching, Snowman, or Hungry Bug. Although it may feel like you're playing a game, your brain is still making more connections with the information to help you out.

To see how well you know the information, try the Quiz or Test activity.

Pass complete!
"Know" box contains:
Time elapsed:
Retries:
restart all cards