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Marketing Chapter 4 The Basics of Marketing

Vocabulary for The Basics of Marketing

AB
channel membersthe businesses used to provide many of the marketing functions during the distribution process
channel of distributionall of the businesses involved in completing marketing activities as products move from the producer to the consumer
decisiona choice among alternatives
integratedoccurs when marketing is considered an essential part of the business and is involved in all important business decisions
market opportunity analysisstudying and prioritizing market segments to locate the best potential based on demand and competition
market segmentsgroups of similar consumers within a larger market
non-business organizationhas something other than providing products and services for a profit as its primary focus
strategya plan that identifies how a company expects to achieve its goals
target marketa clearly defined segment of the market to which a business wants to appeal


Computer Applications, Business Communications, Marketing, and Personal Finance Teacher
South Windsor High School
South Windsor, CT

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