Match Each Definition to the Corresponding Term

question 214

Multiple Choice

Match each definition to the corresponding term.
-The want satisfying power of a product is its _____.

• A)utility
• B)buzz marketing
• C)exchange process
• D)seller's market
• E)buyer's market
• F)marketing myopia
• G)social responsibility
• H)relationship marketing
• I)person marketing
• J)place marketing
• K)event marketing
• L)organization marketing
• M)interactive marketing
• N)lifetime value of a customer
• O)social marketing
• P)one-to-one marketing
• Q)strategic alliances
• R)not-for-profit organizations
• S)ethics
• T)mobile marketing
• U)wholesalers
• V)transaction-based marketing

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Definitions:

Merchandise Inventory

Goods that a merchandising company holds for the purpose of resale to customers in the ordinary course of business.

Freight Charges

Costs associated with transporting goods from one place to another, typically paid by the buyer or seller depending on the shipping terms.

Merchandise Inventory

Merchandise inventory comprises goods a retail business holds for sale to customers, reflecting the products available for resale.

Freight In

Freight in is the cost associated with transporting goods into a business from suppliers, and is often included in the inventory cost.