Quizlet

Flashcards: The Marketing Concept 1

Instructions

  1. Print this webpage. If you can, set your printer to Grayscale for faster printing.
  2. Fold each page down the middle along the solid vertical line.
  3. Cut along the dotted horizontal lines.
  4. Optional: Use tape, glue, or staples to hold the two sides of each flashcard together.

This will print 1 page (5 terms/page). This box will be automatically hidden when printing. Return to Set Page

MarketA meeting place for buyers and sellers
MarketingThe process of finding out what customers want and satisfying their requirements profitably
Why is Marketing Important?Ensures that organisations produce what people want.
Market GrowthAchieved by obtaining a large market share
Market ShareFirm's percentage of all sales in the market