Definition of Marketing

Business Foundation and Marketing Principles

Flashcard
•
Business
•
Vocational training
•
Hard

Abdulazeez olasupo
FREE Resource
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10 questions
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1.
FLASHCARD QUESTION
Front
Back
Marketing is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.
2.
FLASHCARD QUESTION
Front
Understanding Customers
Back
Marketing helps businesses understand who their customers are.
3.
FLASHCARD QUESTION
Front
Product Delivery Strategy
Back
Marketing develops strategies for delivering products effectively.
4.
FLASHCARD QUESTION
Front
Vision Statement Definition
Back
A vision statement is a short statement that describes the future-facing goals and ambitions of a company.
5.
FLASHCARD QUESTION
Front
A mission statement expresses a company’s core values and purpose.
Back
It often uses a “to statement” template and is a concise phrase.
6.
FLASHCARD QUESTION
Front
A strong mission statement sets forward what the company does.
Back
It explains how the company does it and, sometimes, why.
7.
FLASHCARD QUESTION
Front
Mission statements can provide a general statement about company values.
Back
They also outline the company’s goals.
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