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Marketing terms - 2

AB
Industrial Marketbased on the demand for consumer goods and services.
Market Sharea firms percentage of total sales volume generated by all competitors in a given market.
SWOT Analysisidentifies Strengths, Weaknesses, Opportunities and Threats of an organization.
Executive SummaryAn overview of main pointer of a business plan or proposal.
Disposable Incomeamount of individuals income left for spending after the essentials have been taken care of.
Mass Marketingto produce and distribute to the widest range of consumers.
Environmental Scanevaluation of internal conditions and external data and factors that affect the organization.
Marketing Planactions carried out to interest potential customers in your product/service and persuade them to buy the product/service you offer.
Situation Analysisevaluating istuation and trends in a particular company's market.
Marketing Strategydetermines choice of target market, segment, positioning and marketing mix.
Sales ForecastsSales budget - forms the basis of a business plan b/c of level of sales affects business.
Performance Standardbenchmark against which actual performance is measured.



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