Week 3: The Market
Quiz by Camille Garcia-Santiago
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- Q1
Are those who sell non-competing products and which generally help your sales
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This refers to the workforce, whom will help a business to produce more products.
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Pertains to anything used as inputs to production or manufacturing.
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It speaks to the human truth that we prefer products that are easily available and inexpensive.
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Refers to the devices and equipment used to perform specific type of work and usually uses energy(electricity) to perform a task.
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This may refer to traditional method, such as producing the product manually, or it may be machine-assisted and automated.
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Potential customers favor products that offer quality, performance, or innovative features.
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It is a marketing concept that believes that the success of a business depends on the marketing efforts that deliver a better value proposition than its competitors.
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It is a marketing concept that believes in giving back to society by producing better products that help the world be a better place.
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Costumers who buy less, but nevertheless are useful as in aggregate they may buy quite a lot.
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