The proportion of total market sales achieved by one business.Â
Market share
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15
An identifiable sub-group of a whole market in which consumers have similar characteristics or preferences.
Market segment
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trap
No points!
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star
Double points!
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shark
Other team loses 15 points!
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baam
Lose 25 points!
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15
An independent person or business that is appointed to deal with the sales and the distribution of a product or range of products.Â
Agent
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seesaw
Swap points!
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fairy
Take points!
5
10
15
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25
rocket
Go to first place!
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banana
Go to last place!
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15
The unique name of a product that distinguishes it from other brands.Â
Brand name
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15
______________ of communication: The method.
Medium
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15
Illiquid means that assets are not easily convertible into cash.Â
Illiquid
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15
Factors that stop effective communication of messages.Â
barriers
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15
This identifies and records the responsibilities and tasks relating to a job.Â
Job analysis
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15
Working capital is the capital available to a business in the short-term to pay for day-to-day expenses.Â
Working capital
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thief
Give points!
5
10
15
20
25
gold
Win 50 points!
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rocket
Go to first place!
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baam
Lose 20 points!
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15
The cost of producing or buying-in the goods actually sold by the business during a time period. Â
Cost of goods sold
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15
A plan to combine the right combination of the four elements of the marketing mix for a product or service to achieve a particular marketing objective(s).Â
Marketing strategy
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15
these have factories, production or service operations in more than one country.Â
Multinational businesses
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15
Opportunity cost is the next best alternative given up by choosing another item.Â