Business Foundation and Marketing Principles

Business Foundation and Marketing Principles

Assessment

Flashcard

Business

Vocational training

Hard

Created by

Abdulazeez olasupo

FREE Resource

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10 questions

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1.

FLASHCARD QUESTION

Front

Definition of Marketing

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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