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Jess study guide
Marketing
| Question | Answer |
|---|---|
| An advantage consumers receive from using a product | Benefit |
| The movement of resources owners to producers and from producers to consumers | Economic flow |
| The system in which people make and spend their incomes | Economy |
| People who assume the risks of starting and operating business | Entreprenellis |
| The basic principles that govern your behavior | Ethics |
| A fact of characteristic of the product | Feature |
| Objects that can be manufactured or produces for resale | Goods |
| Not capable of being detected through the senses | Intangible |
| Channel members operating between the producer and the consumer or industrial user to help in the movement of goods and services | Intermediaries |
| Manufacturer | A type of producer that changes the shapes of forms or materials so that they will be useful to consumes. |
| Something requires or essential that is lacking | Need |