Business & Tech Unit 4 Marketing

Front

The process of businesses promoting and selling their products.

Back

Marketing

Front

Businesses benefit from knowing their consumer's demographics.

Back

True

Front

Statistical data about a population.

Back

Demographics

Front

Businesses benefit from knowing who their target market is.

Back

True

Front

A group of consumers who share common wants and needs.

Back

Market

Front

The act of gathering information about what the consumers wants and needs are.

Back

Market Research

Front

A group of consumers who businesses aim to sell their products/services to.

Back

Target Market

Front

Businesses will typically not succeed without proper advertising.

Back

True

Front

The public promotion of a product, service, business, or event to attract or increase interest in it.

Back

Advertising

Front

The second step in the product life cycle is ________.

Back

Growth