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example of a mixed economy
mixed economy
TJ Max buying extra stuff, ________ surplus
first utility-has to fit your needs
breaking up a group of people by specific things or traits
next generation (1965-1976)
window displays-all about an image (Macy's)
types of advertising-visually appealing
had an train monopoly
fourth utility-exchange something for $
how will it get there?
window displays-has different products, or just one
command economy
what is Economic Benefits Marketing made of?
prevents surplus, shortage, scarcity
not enough supply for demand
act-fair prices
fundamentals on how our country works
window displays-can't be reached or touched
act-can't discriminate over prices
third utility-what is on the product? instructions, hazards, etc.
on supply vs demand graph, always up to the right
Measurement of all things we produce and services we provide
the amount of goods producers are willing/able to sell/make
process from which an idea is formed, developed, promoted and distributed
QuestionAnswer
example of a command economy
the indicator of how economis are doing
window classes-one view, head on
largest legal monopoly in USA
what does it do?
fifth function of marketing
__________ shortages, limited editions will cost more
types of advertising-most expensive
technology generation, most brand loyal (1977-1997)
had an oil monopoly
Generation that makes up 51% of wealth in USA (1946-1964)
most profit margins are more than ____%
seventh function of marketing
example of a free enterprise economy
types of advertising-really cheap
when supply equals demand
what do people need/want?
on supply vs demand graph, always down to the right
fifth utility-when will it be sold
first function of marketing
resources and _____ can change supply
Controling a market
types of advertising-55% of Americans read
target marketing is part of this
second function of marketing-how to pay for it (capital)
QuestionAnswer
window classes-can see from multiple angles
cost of borrowing money (Rate)
second utility-location, slotting
window displays-anyone could touch it
act-prevented unfairness/deceptiveness in commerce
something marketed-tangible
had an steel monopoly
act-can't give allowances
rate that changes based on the economy
third function of marketing-how much should we charge?
discounts on rates and taxes
excess supply
studies of statistics that describe a population
window classes-two adjacent sides viewed
current rates called _____ stage, as low as in 1950's
act-to stop monopolies
affected by holidays, trends, and current events
sixth function of marketing
limited resources
GDP w/o expenses, the net product
fourth function of marketing
free enterprise economy
something marketed intangible
face of the company

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