FSE 2201 FHMO FINAL REVIEW EXAM QUESTIONS AND
ANSWERS WITH COMPLETE SOLUTIONS VERIFIED LATEST
UPDATE
How do you insure fair profit for the business
develop sales objectives that meet profit needs
4 steps to develop sales objectives
evaluate market & sales history, develop inventory items plan, integrate inventory
products with services offered
group of potential customers possessing purchasing power and unsatisfied
needs
market
process of planning and executing the development, pricing, promotion, and
distribution of an organizations goods or services
marketing
careful examination of demographics, vital statistics, economic base, burial
habits of proposed & existing clientele
market analysis
What type of market data is surveys the FH creates and sends out
primary sources
type of market data that is readily available, such as reports from the chamber of
commerce, census bureau, local demographics
secondary sources
, statistical study of human populations with respect to their size and density,
distribuition, composition, and income
local demographics
making the public aware of services or a commodity that a business has for sale
advertising
one of the best ways to advertise for FH is develop?
good public relaitons
what is defined as inducing the public to have a positive feeling about a particular
business
public relations
defined to be a plan which provides inducements to potential purchases of
products and or services
sales promotion
6 consumer buying motives
comfort, security, prestige, health, convenience, economy
2 main buying motives for purchasing a funeral are
convenience, economy
defined as the wealth produced in or near a community that provides employment
and income to local population
economical base
those goods or stock which are held for resale are known as
inventory
ANSWERS WITH COMPLETE SOLUTIONS VERIFIED LATEST
UPDATE
How do you insure fair profit for the business
develop sales objectives that meet profit needs
4 steps to develop sales objectives
evaluate market & sales history, develop inventory items plan, integrate inventory
products with services offered
group of potential customers possessing purchasing power and unsatisfied
needs
market
process of planning and executing the development, pricing, promotion, and
distribution of an organizations goods or services
marketing
careful examination of demographics, vital statistics, economic base, burial
habits of proposed & existing clientele
market analysis
What type of market data is surveys the FH creates and sends out
primary sources
type of market data that is readily available, such as reports from the chamber of
commerce, census bureau, local demographics
secondary sources
, statistical study of human populations with respect to their size and density,
distribuition, composition, and income
local demographics
making the public aware of services or a commodity that a business has for sale
advertising
one of the best ways to advertise for FH is develop?
good public relaitons
what is defined as inducing the public to have a positive feeling about a particular
business
public relations
defined to be a plan which provides inducements to potential purchases of
products and or services
sales promotion
6 consumer buying motives
comfort, security, prestige, health, convenience, economy
2 main buying motives for purchasing a funeral are
convenience, economy
defined as the wealth produced in or near a community that provides employment
and income to local population
economical base
those goods or stock which are held for resale are known as
inventory
