Term
|
Definition
| Obtains goods from wholesalers to sell to consumers |
|
|
Term
|
Definition
| Obtains goods from suppliers to sell to retailers |
|
|
Term
|
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
|
Definition
| Sells certain lines of merchandise at below-average prices |
|
|
Term
|
Definition
| Sells used merchandise at reduced prices |
|
|
Term
|
Definition
| The quality of being frugal, using resources wisely |
|
|
Term
|
Definition
| Sell goods and services for specialized purposes |
|
|
Term
|
Definition
| Salesperson comes to home, either by invitation or not |
|
|
Term
|
Definition
| Shopper calls on telephone to buy goods listed in a catalog |
|
|
Term
|
Definition
| Seller calls on telephone to sell goods or services |
|
|
Term
|
Definition
| Shopping in response to ads on television |
|
|
Term
|
Definition
| Buying goods and services on the Internet, including Internet auctions |
|
|
Term
|
Definition
| Being able to depend on a person or business to back up their claims |
|
|
Term
|
Definition
| Special consumer features offered by a store or other seller |
|
|
Term
|
Definition
| Buying on the spur of the moment, without planning |
|
|
Term
|
Definition
| A guarantee that a product will perform up to specified standards; four types are implied, written, full, and limited warranties |
|
|
Term
|
Definition
| A total expected cost, in writing, for performing a service |
|
|
Term
|
Definition
| Gives authority to a service provider to perform services |
|
|
Term
|
Definition
| Legally binding papers signed by all parties in an agreement |
|
|
Term
|
Definition
| Guarantees certain quality standards of performance |
|
|
Term
|
Definition
| Sells goods and services in different ways and form different locations |
|
|
Term
|
Definition
| Nonretail retail associations owned and operated by a group of members for my own benefit rather than a profit. |
|
|
Term
|
Definition
| A paid message touting the attributes of something in order to convince consumers to buy it. |
|
|
Term
|
Definition
| Gathering informations about a product and services to find the best quality or usefulness at the best price. |
|
|
Term
|
Definition
| All coverage on a product |
|
|
Term
|
Definition
| Provides service, repairs, and replacements only under certain conditions. |
|
|
Term
|
Definition
| A product is what it is called and does what its name implies. |
|
|
Term
|
Definition
| A product must be fit for any performance or purpose by the seller. |
|
|
Term
|
Definition
| Covers servicing for a product, if needed, during the term of the contract. |
|
|