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16 Cards in this Set

  • Front
  • Back
Comparison SHopping
COmparing price,quality,and services associated with 2 products
Unit Price
A price per unit of measure
Promotional Sales
Sales in which businesses promote the sale of merchandise.
Clearance Sales
Used to clear merchandise that stores no longer wish to carry.
Brand Name
Name given to a product or service.
Full Service stores
Offer wide variety of goods and emphasize service.
Discount stores
Emphasize lower prices on products
Specialty stores
Have special line of products
Factory Outlet
Becoming popular for selling high quality products for low prices
Supermarket
Wide Variety of national store and generic brands.
Warehouse market
No frills food outlet sells things at reasonable prices.
COnvience stores
Small stores that emphasize sale of food items.
Impulse Buying
Spending without thinking
Price Index
Series of figures showing how prices have changed.
CPI
Shows the changes in average prices of goods and services brought by consumers.
CPI
Shows the changes in average prices of goods and services brought by consumers.