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Fashion 3.01

AB
Behavioral SegmentationDividing consumers into groups according to their response to a product.
Channel of DistributionThe path a product takes to get from the producer to the consumer.
Demographic SegmentationA way to segment markets based on vital statistics of the population such as age, race, gender, educatin level, income level, and occupation.
Direct DistributionA distribution channel in which the producer sells goods or services to the final user.
DistributionThe transporting, sorting, and handling of goods on their way from the manufacturer to the consumer.
Fashion MerchandisingSpecific marketing activities designed to have fashion-oriented merchandise at the right time, place, quantity, and the price to meet customer demand.
FinancingObtaining the money needed to cover the costs of operating a business.
Geographic SegmentationSegmenting a market based on where a person lives.
Indirect DistributionA distribution channel in which goods or services are sold indirectly to the consumer through one or more intermediaries.
Market SegmentationDividing the entire market into smaller groups haveing similar characteristics.
IntermediariesChannel members that help move products form producer to the financial consumer.
MarketThe group of all potential customers.
Markering ConceptA business approach that directs all marketing efforts towards customer wants and needs.
Marketing MixA combination of decisions a business must make in order to best reach its target market
MarketingThe process of developing, promoting, priceing, and distributing products in order to satisfy customers wants and needs.


McDowell High School

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