Fbla marketing Study guides, Class notes & Summaries

Marketing concept - Answer-The philosophy that focuses on identifying and satisfying customer needs. Benefits of marketing - Answer-Advantages gained from implementing marketing strategies. Importance of marketing - Answer-The significance of marketing in achieving business goals. Seven functions of marketing - Answer-Activities involved in the process of marketing goods and services. Marketing mix - Answer-The combination of product, price, place, and promotion strategies used to ma...

Business Concepts – FBLA Latest 2023 Graded A Business The organised effort of individuals to produce and sell, for a profit, the products that satisfy individuals' needs and wants. Business environment The surrounding conditions in which the business operates. It can be divided into two broad categories: internal and external. Business ethics The application of moral standards to business behaviour. Cash flow The money coming into the business in the form of cash receipts, and the money l...

FBLA-Marketing.

FBLA marketing Questions With 100% DETAILED SURE ANSWERS

FBLA-Marketing exam | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ marketing - Answer -process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that satisfy individual and organizational objectives minor marketing activities - Answer -hearing, seeing, talking important marketing activities - Answer -storing products, distribution centers, accepting credit, and arranging means of onlin...

Most startup companies can expect to need _____ capital than they anticipate. - ANSWER More The primary cause of small business failures is: - ANSWER Management Mistakes Entrepreneurs tend to be overly ______ and misjudge the ______ requirements to start a new business. - ANSWER Optimistic; Financial The ability to develop new ideas is known as: - ANSWER Creativity Which one of the following is usually included on the cover page of the business plan? - ANSWER Disclaimer Which one of the ...

FBLA Advertising Test | Questions and Correct Answers | Latest Update 2024/2025 | Graded A+ promotional advertising - Answer -advertising designed to increase sales institutional advertising - Answer -the process used to try to create a favorable image for a company and foster goodwill in the marketplace media - Answer -the avenues through which messages are delivered; also known as channels print media - Answer -newspapers, magazines, direct mail, signs, and billboards used in adverti...

FBLA-Marketing.

marketing - process of planning and executing the conception, pricing, promotion, and distribution of ideas, goods, and services to create exchanges that satisfy individual and organizational objectives minor marketing activities - hearing, seeing, talking important marketing activities - storing products, distribution centers, accepting credit, and arranging means of online payment 7 fnts of marketing - marketing, financing, pricing, promotion, product/service management, distribution, a...