Question

read the definition and match it up with the correct vocabulary word. a unique group of prospective customers a business wants to serve and their locations. the amount a customer pays and the methods of increasing the value of the products to the customers. the methods used and information communicated to encourage customers to purchase and to increase their satisfaction. the action or process of supplying goods to stores and other businesses that sell to consumers. using the needs of customers as the primary focus during the planning, production, pricing, distribution, and promotion of a product or service. choose operations marketing concept finance market product marketing distribution consumers promotion price advertising choose choose

Explanation:

1. "A unique group of prospective customers a business wants to serve and their locations" - Market. A market is defined by a group of potential customers and can be segmented by location among other factors.
2. "The amount a customer pays and the methods of increasing the value of the products to the customers" - Price. Price is what the customer pays, and strategies to enhance product - value can be related to pricing decisions.
3. "The methods used and information communicated to encourage customers to purchase and to increase their satisfaction" - Promotion. Promotion involves various methods and communication of information to drive sales and customer satisfaction.
4. "The action or process of supplying goods to stores and other businesses that sell to consumers" - Distribution. Distribution is about getting products to the places where consumers can buy them.
5. "Using the needs of customers as the primary focus during the planning, production, pricing, distribution, and promotion of a product or service" - Marketing Concept. The marketing concept centers on meeting customer needs throughout the product or service lifecycle.

Answer:

1. Market
2. Price
3. Promotion
4. Distribution
5. Marketing Concept