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Chapter 2 Vocabulary
Vocabulary for Chapter 2
8
Marketing
9th Grade
09/26/2016

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Term
International Trade
Definition
The sale of products & services to people in other countries.
Term
Social Responsibility
Definition
Concern about the consequences of actions on others.
Term
Consumerism
Definition
The organized actions of groups of consumers seeking to increase their influence on business practices.
Term
Boycott
Definition
An organized effort to influence a company by refusing to purchase its products.
Term
Ethics
Definition
Moral principles or values based on honesty and fairness.
Term
Code of Ethics
Definition
A set of standards or rules that guide ethical business behavior.
Term
Self-Regulation
Definition
Taking personal responsibility for your actions.
Term
Green (Environmental) Marketing
Definition
Consists of marketing activities designed to satisfy customer needs without negatively impacting the environment.
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