Deck 20 Flashcards
(50 cards)
Aptitude
An ability or natural talent
Asptic Packaging
A food storage process that keeps foods fresh without refrigeration for up to six month
Assertiveness
Standing up for what you believe
Cold Canvassing
The process of locating as many potential customers as possible without checking out leads beforehand
Collateral
Something of value that a person pledges as payment for a loan in case of default
Dept Capital
Borrowed funds that must be repaid
Demand Elasticity
The degree to which demand for a product is affected by its price
Descriptive Label
A label that gives information about the products use, construction,care, performance,and other features
Disclaimer
A statement that contains exceptions to and exclusions from a warranty
Drop Shippers
Businesses that own the goods they sell but do not physically handle the products
E-Market Place
The online shopping location where products are sold to customers and industrial buyers through the use of the Internet
E-Tailing
Retailers selling products, over the Internet to the consumer
EEOC
Federal agency responsible for the fair and equitable treatment of employees with regard to hiring, firing, and promotions
EU
European trade bloc
Flextime
A program that allows workers to choose their work hours
Forced- Choice Question
Questions that ask respondents to choose answers from possibilities given on a questionnaire
Firewall
Hardware or software that protects a computer from attacks by hackers
Incentives
Products earned or given away through contests,sweepstakes,and rebates
Inflation
A period of rising prices
Jargon
Specialized vocabulary used by members of a particular group
Job Lead
Information about a job opening
Loss Leader
An item priced at or below cost to draw customers into a store
Lifestyle
The kind of life a person lives
Marquee
An architectural canopy that extends over a store’s entrance