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27
Education
10th Grade
04/30/2012

Additional Education Flashcards

 


 

Cards

Term
retail storees
Definition
sell goods and services directly at their place of business
Term
nonstore sellers
Definition
sell goods and services in different ways and from differnet locations
Term
telemarkting
Definition
is a form of selling that involves the seller phoning you to promote the purchase of goods or services
Term
t-commerce
Definition
refers to shopping on television
Term
e-commerce
Definition
refers to buying and selling goods and services online
Term
consumer cooperative
Definition
are nonreal associates owned and operated by a group of members
Term
advertising
Definition
is a paidm message toution the attributes of something in order to convince consumers to buy it
Term
comparison shopping
Definition
is the to save a lot of money by comparsion shopping
Term
warrenty
Definition
gurantees that a produact will meet certain performance and quality standards
Term
full warenty
Definition
must provide the following
Term
limited warrenty
Definition
provides service, repairs, and replacements only under certain conditions
Term
implied merchanily
Definition
means that a product is what it is called and does what its name implies
Term
impled fitness
Definition
means that a product mustbe fit for any performance
Term
extended warrenty
Definition
for an additional cost
Term
work order
Definition
request service and describes the work that will be performed
Term
wholesale
Definition
obtains goods from suppliers to sell to retailers
Term
department store
Definition
sells a variety of goods and services in a single store
Term
warehouse club and super store
Definition
offers price advantages and wide product selection to its members
Term
discount store
Definition
sells certain lines of merchandise at below average prices
Term
consigment store
Definition
sells used merchandise at reduced prices
Term
thrft
Definition
the quality of being frugal using resources wisely
Term
specialty store
Definition
sell goods and services for sppecialized purposes
Term
reliabilty
Definition
being able to depend on a person or buisness to bacck up their clains
Term
services
Definition
special consuers features offered by a store or other seller
Term
impulse buying
Definition
buying on the spur of the moment, without planning
Term
estimate
Definition
a total expected cost, in writing, for performing a service
Term
contract
Definition
legally binding papers signed by all parties in an agreement
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