B2c business to consumer - Study guides, Class notes & Summaries

Mgmt 323 Purdue - Exam 1 Latest Update with Verified Solutions Marketing Activity, set of institutions, and processes for creating, capturing, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large. Marketing Plan Specifies the marketing activities for a specific period of time. Written document. Value Reflects the relationship of benefits to costs, or what you get for what you give. Value Cocreation Creative way to provide v...

ESB Certification Practice 1 Question and answers correctly solved 2024 Define Entrepreneurship - correct answer Setting up a business with the aim to make a profit. Categorize B2B (business to business) vs B2C (business to consumer) - correct answer B2B: "Wholesale flooring distributor" and "purchases requiring a tax exemption" B2C: "Chain of local grocery stores" and "motorcycle repair shop" You need to create a legal structure for your small business. You would like so...

B2B A business-to-business (B2B) commercial transaction between businesses B2C A business-to-consumer (B2C) transaction Brand recognition The level of familiarity one has with a brand Business Opportunity A situation an entrepreneur analyzes and evaluates to see if starting a sustainable, profitable business is feasible Business Plan A document that addresses the concept, customers, and capital for a business C Corporation A C corporation is a legal struc...

an organizational function and a set of processes for creating, communicating, and delivering value to customers and for managing customer relationships in ways that benefit the organization and its stakeholders - Marketing the ability of goods and services to satisfy consumer "wants" - Utility a business philosophy that makes customer satisfaction - now and in the future - the central focus of the entire organization - Marketing Concept the ongoing process of acquiring, maintaining, and...

B2B A business-to-business (B2B) commercial transaction between businesses B2C A business-to-consumer (B2C) transaction Brand recognition The level of familiarity one has with a brand Business Opportunity A situation an entrepreneur analyzes and evaluates to see if starting a sustainable, profitable business is feasible

available-to-promise (ATP) CORRECT ANSWER 1) In operations, the uncommitted portion of a company's inventory and planned production maintained in the master schedule to support customer-order promising. [This] quantity is the uncommitted inventory balance in the first period and is normally calculated for each period in which an MPS receipt is scheduled. In the first period, [this] includes on-hand inventory less customer orders that are due and overdue. Three methods of calculation are used: d...

ESB Questions with complete solution 2024 Acquisition Costs - correct answer Cost incurred by a business. Angel Investor - correct answer An investor who provides funding to a business for a stake in the business in return. Asset - correct answer A tangible item a business owns. B2B - correct answer A business-to-business commercial transaction between businesses. B2C - correct answer A business-to-consumer transaction. Balance Sheet - correct answer A document that co...

What is Entrepreneurship? Setting up a business with the aim to make a profit B2B or B2C Wholesale flooring distributer- B2B Purchases requiring a tax exemption certificate- B2B Chain of local grocery stores- B2C Motorcycle repair shop- B2C You would like some benefits enjoyed by large corporations, but do not want to be taxed twice. You have four partners that would be shareholders. None of you plan to sell your ownership to the public, but do want to be protected by business...

Acquisition Costs Cost incurred by a business. Angel Investor An investor who provides funding to a business for a stake in the business in return. Asset A tangible item a business owns. B2B A business-to-business (B2B) commercial transaction between businesses. B2C A business-to-consumer (B2C) transaction. Balance Sheet A document that compares assets to liabilities plus owner's equity. Bootstrapping A business owner that uses their own money to...

MKTG 3340 (Chaoqun Chen) Exam 1 Review What is marketing? a set of processes for creating, communicating and delivering value to customers and for managing customer relationship in ways that benefit the organization and its stakeholders. four requirements for marketing to occur 1.) Two or more parties (individuals or organizations) with unsatisfied needs 2.) A desire and ability to satisfy those needs 3.) A way for the parties to communicate 4.) Something to exchange Brainpower...