Marketing Test 1 Review

Front

Something a person must have to survive.

Back

Need

Front

3 Economic Resources are: Natural, human, technical, Natural, human, capital, Natural, human, environmental, Natural, human, coinage

Back

Natural, human, capital

Front

These can be physically weighed or measured or touched

Back

Goods

Front

All of the following is a need EXCEPT: a good education, food, water, jewelry

Back

jewelry

Front

A producer is someone who

Back

makes things

Front

A business is an organization that offers goods and services.

Back

True

Front

_________________use goods and services.

Back

Consumers

Front

The difference between the amount earned and the amount spent in buying, operating, or producing something.

Back

Profit

Front

Things that are not necessary for our survival but add pleasure and comfort to our lives such as TVs, candy bars, jewelry.

Back

Wants

Front

Which answer below is one of the 4 P's of Marketing: Placement, Process, Plan, Pay?

Back

Placement