T1 G10 WK 5 Lesson 5 Review

• Business Studies
• Secondary Education

business

customer

demographic

geographic

mass

niche

A target market is the group of people a business wants to sell to.

1. True
2. False

What is the definition of marketing?

1. A business makes products.
2. A business makes the prices lower for customers.
3. A business communicates with customers to sell products.

Which is not the correct meaning of market?

1. A product that does not satisfy needs.
2. A specific country or area that might buy the product.
3. The people who want to buy the product.
4. The place where a business sells its products.

Marketing can mean less costs. Who is this a benefit for?

1. business
2. customer

Marketing can mean they stand out from competitors.

1. business
2. customer

Marketing can mean the prices are good and fair

1. business
2. customer

I understand all Business key terms .

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