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MKTG - 1.03 New - Vocabulary Review

AB
Factssomething that actually exists; reality; truth
Estimatesan approximate judgment or calculation
Predictionsa forecast of something to happen
Relationshipsa connection, association, or involvement.
Marketing Informationdata collected from internal sources, external sources or marketing research
Request and Complaint ReportsA record of customers and the product(s) that they requested, along with records of complaints made by customers.
Lost Sales Reportsrecords why items or orders are cancelled (i.e.pricing, back-order situation, color?) or used to estimate the total sales that stand to be lost cecuse items are understocked
Call Reportsrecords of sales people’s meeting or contact with customers
Activity Reportreports requiring salespeople to provide details (such as number of calls made, new accounts opened, displays arranged, dealer sales meetings attended and so on) as a measure of their activity in a given period.


Business Teacher
West Johnston High School
Benson, NC

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