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7 Marketing Function
| Question | Answer |
|---|---|
| Channel Management or Distribution | Process of deciding how to get goods into customer's hands |
| Marketing Information Management | Gathering, storing and analyzing information to make good business and marketing decisions |
| Market Planning | Using concepts to develop and target specific marketing strategies to a select audience |
| Pricing | Decisions that dictate how much to charge for goods and services to make profit |
| Product/Service Management | Maintaining and improving a product in response to market opportunities |
| Promotion | Effort to inform, persuade, or remind potential customers about a business's products or services |
| Selling | Provides customers with the goods and services they want |