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Global Marketing - Chapter 5

AB
buildup methoda way to estimate sales based on an estimate of individual behavior which then is extended to the entire market
screeningthe process of identifying potential market opportunities to pursue
portfolio of marketsa collection of different products in different market locations
samplea smaller number of people who have the same profile as the larger population
marketing researchthe systematic process of gathering information to help in making marketing decisions
profilea picture of the market
environmental scanningthe process of collecting information from various sources such as journals, news programs, the Internet, and industry trade magazines
market sharethe percentage of industry sales a company is able to capture from competitors
demographicscharacteristics of the population including age, gender, race, income, and education
surveya quantitative research method that asks respondents a number of questions


Business Teacher
DeSoto Central High School
Southaven, MS

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