Business Essentials Review 2023
Business Essentials Review 2023 Consumer A person who select, purchases, uses, and disposes of goods and services. budget a plan that specifies how resources, particularly money, will be allocated or spent during a particular period. brand name is the trade name for a product or service produced by a particular company. generic brand are plainly labeled, unadvertised products that are sold at lower prices than brand-name goods. 3 factors that affect consumers decision to shop the kinds of goods and services sold, prices, and convenience. department store sell a wide variety of goods, they offer name brands and customer service, and their prices may be higher than other types of store. ex: Sears, JCPenney, Macy Discount stores sell a variety of goods. Offer lower prices. They can sell for less they offer services and keep large quantities of goods. Ex: Walmart, kmart Off-Price and outlet stores carry well-known brand names at bargain prices and offer big discounts because the items they sell may have flaws, may be out of season or may be discounted merchandise. Ex: t.j. max, stein mart, loehmann's
Document information
- Uploaded on
- December 13, 2023
- Number of pages
- 10
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
