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5 Cards in this Set

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Marketing

The action of a business promoting and selling goods/services

The action of a business...

Marketing mix

A business tool used to increase sales of a product. It consists of price, product, place and promotion

A business tool...

Marketing strategies

A process that allows a business to focus limited resources on the best opportunities to increase sales of a product

A process that...

Quota sampling

A method of sampling where interviewees are selected in proportion to the consumer profile of the target market

A method of sampling...

Market research

The systematic collection and analysis of data in order to assist the marketing process