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One advantage of this is to avoid the necessity to carry around large amounts of cash
What is an advantage of a credit card?
One disadvantage of this form of shopping is that it increases the risk of impulse buying.
What is one disadvantage of online shopping?
The price at which wholesalers purchase products
These stores were once located in residential areas but are now commonly attached to service stations.
What are Convenience ‘corner’ stores?
(Accept either convenience or corner separately)
The name of the person whi is paid by cheque.
Who is a payee?
One of the main advantages of this is that it is accepted almost everywhere.
What is one advantage of cash?
One disadvantage of this is that you may spend more money than you can repay and as a consequence get into debt.
What is a disadvantage of a credit card?
The price at which retailers purchase products.
What is the wholesale price?
Hairdressers, newsagents and gift shops are examples of these stores.
What are specialty stores?
Legal tender.
What is the term for notes and coins that must be accepted as payment for goods and services.
One advantage of this non-cash form of payments is that you use your own money and pay no interest.
What is a debit card?
The main advantage of purchasing goods from here is the service and product knowledge provided by the sales staff.
What is the main advantage of shopping at a specialty store?
The normal selling price at which stores sell the product.
What is the recommended retail price?
Their products are normally cheaper than those of department stores.
What are discount variety stores?
(Both "discount" and "variety" required.)
Buying things without giving much thought as to whether you really need them.
What is impulse buying?
The advantage of this lies with its security and ability to obtain a refund if a dispute about the transaction arises.
What is the advantage of using PayPal?
One of the disadvantages of shopping here is that the prices at these stores are usually higher than at supermarkets and there is generally less choice available.
What is one of the disadvantages of shopping at a Convenience ‘corner’ store?
Any price below the recommended retail price.
What is the discount price?
These stores sell a large range of products within the one store.
What are department stores?
The process of contacting different sellers to find the best price for a product or service.
What is comparison shopping?
One of the main advantages of this is an increase in the range of sources from which you can buy.
What is one of the main advantages of online shopping?
A disadvantage of this is that you must make sure you have enough money in your account to pay the bill or the payment will be refused.
What is a disadvantage of direct debit?
Fill in the blanks: _________________ make goods, which are bought by _______________, who sell the goods to _________________, who in turn sell them directly to the __________________.
What is:
Manufacturers make goods, which are bought in large quantities by wholesalers, who sell the goods to retailers, who in turn sell them directly to the consumer.
These are large, self-serve stores such as Woolworths, Aldi and Coles.
What are examples of supermarkets?
EFTPOS.
What is the abbreviation for electronic funds transfer at point of sale?