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DECA Marketing Cluster
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Appropriation (Tort)
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Involves a business or person who uses, without permission, another person's name, likeness, and other unique characteristics for the benefit or gain of the user
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Terms in this set (241)
Appropriation (Tort)
Involves a business or person who uses, without permission, another person's name, likeness, and other unique characteristics for the benefit or gain of the user
Torts
Civil wrongdoings that cause harm or injury to another party
Wrongful Interference (Tort)
Predatory behavior undertaken by a business to draw either customers or employees away from a competitor
Defamation (Tort)
Making false, malicious statements about a person or organization
Conversion (Tort)
When personal property is taken from the owner and given to someone else to use
Corporation
A type of business that is operated by several people and owned by stockholders
Partnership
A form of business ownership in which the business is owned by two or more persons
Sole Proprietorship
Form of business ownership in which the business is owned by one person
Cooperative
Owned and operated by its user-owners to supply goods and services to its members
Channel Management
Involves understanding the concepts and processes needed to identify, select, monitor, and evaluate sales channels
Promotion
Involves understanding the concepts and strategies needed to communicate information about goods, services, images, and/or ideas to achieve a desired outcome
Pricing
The marketing function that involves determining and adjusting prices to maximize return and meet customers' perceptions of value
Product/Service Management
The marketing function that involves obtaining, developing, maintaining, and improving a product or service mix in response to market opportunities
Intermediarires
Middlemen and incude sales agents, wholesalers, and retailers who perform specific functions in the movement of goods form producers to consumers
Direct Channels of Distribution
Involve producers and either industrial or ultimate consumers
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