Day 4

When you have completed Lesson 3, you will be able to:

  • Define the marketing concept.
  • Determine how businesses implement the marketing concept.

Assignment 1.1.3.1

  1. Make a copy of this Google Document, rename it Study Guide 1-3-(Your Initials), and move it into your Chapter 1 folder.
  2. Read Lesson 1-3 on pages 18-23.
  3. As you read, utilize this presentation to help you answer the questions in your study guide.

Assignment 1.1.3.2

  1. Create a new Google Document titled New Market-(Your Initials) and move it into your Chapter 1 folder.
  2. Choose one of the businesses described in the lesson–the bicycle manufacturer or the sports arena. Identify a specific new market for the business.  Then plan the marketing mix elements the business should offer to meet the needs of the identified market.
  3. Prepare a three-paragraph report explaining your decisions.

Assignment 1.1.3.3

  1. Lesson 1-3 Assessment