is a measure of a worker's production in a specific amount of time, such as an hour
productivity
are companies that sell goods or services identical or very similar to the ones you sell
direct competitors
the leader allows and encourages all members of the group to participate and share ideas equally
democratic style
is the established price printed in a catalog or on a price tag.
list price
is the steps and methods involved in the legal process
legal procedure
is performing a particular task within a larger process on a regular basis.
specialization
is based on the features and benefits of a good or service, not the price
nonprice competition
the leader makes all decisions without input from others
autocratic style
is the price a customer actually pays for the product after discounts and coupons
selling price
The most prominent health and safety laws established are
OSHA
is the process of creating floor plans and displays to attract customer attention and encourage purchases
visual merchandising
helps a company decide its strengths, weaknesses, opportunities, and threats
SWOT analysis
is the practice of recognizing, accepting, and respecting diversity
inclusion
are the goals defined in the business and marketing plans for the overall pricing policies of the company
pricing objectives
patent
is a scale drawing showing how an overall space will be divided
floor plan
is a statement that lists a business' or product's special features or benefits that highlight its competitive advantage
Unique selling proposition (USP)
employees means giving them the authority to make decisions
empower
the people or businesses between the manufacturers or producers and the end users are called
intermediaries
a ___________ is the fee paid to a lawyer or other professional in advance for the services
retainer
are the ideas or opinions about beauty
aesthetics
are data that provide insight into what people think about a topic
qualitative data
means employees are free to talk with any manager at any time
open-door policy
is the path that goods take through the supply chain
channel of distribution
_________ deals with the relationships between an owner also called the principal, and the contracted agent.
Agency Law