More cards in this set

Card 6

Front

You have given up one thing in order to do anything, this is called......

Back

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Card 7

Front

What is it called when a business trials/tests demand for a product on a sample of customers before it is launched to the whole market

Back

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Card 8

Front

Total Costs = _____ ____ + Variable Costs

Back

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Card 9

Front

Unit Contribution = Selling Price - ________ ____

Back

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Card 10

Front

What is 'venture capital' sometimes referred to as?

Back

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Card 11

Front

A ___________ is someone who takes an interest in the activities of a business

Back

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Card 12

Front

What is the tool that allows a business to analyze the position of competitors within a market using two different variables and can reveal a gap in the market

Back

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Card 13

Front

What is missing from the marketing mix: Price, Place, Promotion, _______

Back

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