1/12
Vocabulary flashcards covering key strategic marketing, service establishment categories, strategic management concepts, and consumer behavior factors in the food and beverage industry.
Name | Mastery | Learn | Test | Matching | Spaced | Call with Kai | Chat |
|---|
No analytics yet
Send a link to your students to track their progress
Marketing Concept
An organizational approach centered on consumer needs to guide production, requiring an information system to identify potential needs and a authorized marketing department to direct demand-building activities.
Commercial Service Establishment
Locals non-dedicated to traditional trade itself, but to leisure-related activities, such as discotheques, bars, restaurants, and hotels.
Restaurant
An establishment equipped with a kitchen and dining room service offering food and drink for a price to be consumed on the premises.
Cafeteria
An establishment capable of offering bar services that provides simple or combined dishes at any time during open hours for consumption on the premises.
Bar
An establishment equipped with table service to provide items for consumption on the premises in exchange for a price.
Strategic Direction
A fundamental process that aligns organizational capabilities with environment opportunities and threats through analysis, strategy formulation, resource allocation, implementation, and evaluation.
Fuertes et al. (2020)
Authors who highlight strategic management processes aimed at improving organizational performance through setting long-term goals, action programs, and resource allocation.
Kafel and Ziębicki (2021)
Authors who explain that strategic management evolved from traditional planning toward flexible perspectives emphasizing adaptation, learning, and response to environmental changes.
Consumer Behavior
The behavior consumers display in searching for, purchasing, using, evaluating, and disposing of products and services to satisfy their needs.
Cultural Factors
Primary determinants of human desires and behaviors comprising culture, subcultures, and social classes that convey values, perceptions, and preferences.
Social Factors
Influences on consumer decisions originating from parental orientations and Reference Groups, such as family, friends, neighbors, and coworkers.
Personal Factors
Consumer decision determinants that include individual self-image, health, beauty, and physical condition.
Psychological Factors
Consumer reactions to market strategies that address emerging needs originating from interaction with a dynamic environment.