Shared Flashcard Set

Details

Test #2
Review terms
9
Marketing
Undergraduate 2
10/23/2011

Additional Marketing Flashcards

 


 

Cards

Term
Warranty
Definition
What the seller promises about its product
Term
Utility
Definition
The power to satisfy human needs
Term
Unsought Products
Definition
Products that potential customers don't yet want or know they can buy.
Term
Universal Functions of Marketing
Definition
Buying, selling, transporting, storing, standardizing & grading, financing, risk taking & market information.
Term
Unit-Pricing
Definition
Placing the price per ounce (or some other standard measure) on or near the product
Term
Trademark
Definition
Those words, symbols, or marks that are legally registered for use by a single company
Term
Time Utility
Definition
Having the product available when the customer wants it.
Term
Task Utility
Definition
Provided when someone performs a task for someone else
Term
Target Marketing
Definition
A marketing mix is tailored to fit some specific target customers.
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