Hope
Kristen
Kitty
Lesley
Jenny
100
The influence by your friends to buy something you don’t really want.
What is peer pressure?
100
An organization that produces or sells goods or devices to satisfy needs, wants, and demands of consumers for the purpose of making a profit.
What is business?
100
Two business under one roof
What is co-branding?
100
Quantity of goods and materials kept on hand.
What is inventory?
100
The money left after costs and expenses are paid off.
What is profit?
200
The relationship of increasing the quantity supplied as prices increase.
What is law of supply?
200
People who create goods and services. (Farmers, factory workers, teachers, etc.)
What is human resource?
200
Food, shelter and clothing.
What is need?
200
Done repetitively on regular basis.
What are habits?
200
An economic system with few restrictions on business ownership.
What is free enterprise?
300
The quantity of a good or service that business are willing and able to provide within a range of prices that people would be willing to pay.
What is supply?
300
States that as demand increases, prices decrease, and as prices increase, demand decreases.
What does the law of demand state?
300
Based on what you believe is important in life?
What are values?
300
Involved in developing standards for safety.
What is The Candian Standards Association (CSA)?
300
Period of time that a consumer spends talking to a sales representative.
What is contact time?
400
The most important consideration for consumers.
What is price?
400
A way can success be measured without monetary value in e-commerce.
What are web site hits?
400
Something you work to achieve.
What are goals?
400
Showing attractive, healthy, successful, appealing people using product/service.
What is lifestyle advertising?
400
Products not used presently as a result of changing technology and consumer demand.
What are obsolete products?
500
The desire to flaunt purchases to impress others.
What is conspicuous consumption?
500
Sole proprietorship, corporation, partnership, cooperative.
What are the basic types of ownership?
500
An item that is not necessary for survival, but adds comfort and pleasure to life.
What are wants?
500
Define the decision, identify the alternatives, evaluate pros and cons of each alternative, make decision and take action, evaluate decision.
What are the steps of a decision making model?
500
A woman needs a haircut, and the salon needs funds to stay running.
What is an example of interdependence?
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