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

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.

Term

Competition
click to flip
focusNode
Didn't know it?
click below
 
Knew it?
click below
Don't know

Term

Discount Store
Remaining cards (15)
Know
0:00
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

5.01

TermDefinition
Competition The rivalry between two or more business to attract scarce customer dollars.
Discount Store A retail store competing on the basis of low prices and offering limited customer service
Exchange Price the amount of money that a buyer is willing to pay and the seller is willing to accept for a good or service
Market A customer or a potential customer who has an unfulfilled desire and is financially able and willing to satisfy that desire
Market Share An organizations portion of the total industry sales in a specific market
Marketing An organizational function and a set of processes for creating, communicating and delivering value to customers and for managing customer relations in ways that benefit the company.
Marketing Mix The combination of the four elements of marketing-product, place, promotion, and price
Marketing Research The systematic gathering, recording, and analyzing of data about a specific issue, situation, or concern
Medium The message channel used by a seller to promote a good, service, or idea
Place marketing element focusing on considerations in getting a selected product in the right place at the right time
Pricing A marketing function that involves determining and adjusting prices to maximize return and meet customers perceptions of value
Pricing Objectives Goals a company hopes to accomplish through its pricing strategies
Product Decisions Marketing element referring to what goods, services, or ideas a business will offer its customers
Profit Margin A ratio of net profit divided by net sales that reflects the net profit per dollar of sales.
Promotion Decisions Marketing element referring to selection of the various types of communications that marketers use to inform, persuade, or remind customers of their products
Promotional Budget The amount of money a business plans to spend on promotion its goods and services during a certain period of time.
Created by: zackary.a480
 

 



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