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Principles of Business, Marketing, and Finance Marketing Goods and Services
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2. Copyright © Texas Education Agency, 2011. All rights reserved
Goods and Services
Goods
-things that you can see and touch (tangible)
Services
-activities that are consumed at the same time they are produced (intangible)
needs – things that are required in order to live
wants – things that add comfort and pleasure to your life
Ask students to make a list of their wants. Then ask students what is keeping them from getting their wants
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3. Marketing Goods and Services
Needs and Wants
Needs are required in order to live (food, water, clean air, clothing, shelter)
Wants-things that add comfort and pleasure to your life
Needs and Wants are Unlimited
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4. Goods and Services for Businesses and Consumers
Business needs steel, plastic, gasoline, computers (goods)
Business needs supply of electricity, security for buildings, and equipment (services)
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5. Consumer Goods and Services
Consumers buy clothes, electronic devices, automobiles (goods) (tangible)
Consumers eat at restaurants, go on vacations, and take flights (services) (intangible)
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6. TEXAS REALITY CHECK Google – TEXAS REALITY CHECK
Choose Texas Reality Check – Cities (Choose Houston as your city)
Go through all steps, reading ALL the options and descriptions and make your choices based on your personal wants vs needs
When you get to your Total Expenses report, note your monthly expenses and annual salary needed and print out your result.
Then find 1 career from 3 different career clusters that would support your annual salary needed and for each career and:
Write the job name
Give a brief description of the job
What the annual salary would be
List one current job opening (Job title and Location)
Put your name on it and turn in to wire basket.