Unit 3

Beschreibung

unit 3
blackburn.sammi
Karteikarten von blackburn.sammi, aktualisiert more than 1 year ago
blackburn.sammi
Erstellt von blackburn.sammi vor mehr als 8 Jahre
14
0

Zusammenfassung der Ressource

Frage Antworten
Bait and Switch S.B. The fraudulent practice of advertising and luring consumers to a store with promised products or services that then appear to be unavailable and replaced with higher priced items
Bandwagon S.B. Trend that gains popularity and demand of products
Better Business Bureau S.B. gathers and reports information on business/service reliability and alerts and informs the public of its findings. Consumers can also file complaints with the BBB.
Brand Loyalty S.B. Consumers become committed to a certain brand and make repeat purchases over time. Loyal customers will consistently purchase products from their preferred brands, regardless of convenience or price.
Bundle Plan S.B. A pricing plan that combines two or more utilities that offers savings for the consumer (i.e. cable + internet + phone with same company)
Commerce S.B. agency to further the interest of the local business
Conserve S.B. to save or reduce
Cost per Wear/Use S.B. divide total cost of item or service by how often it is used or worn to determine the true cost effectiveness of this purchase
Electronic Messaging Advertising through the use of unsolicited texts, emails, and banners on web pages
Energy Guide Label S.B. Yellow sticker, required by law, which allows a consumer to compare the yearly cost to operate an appliance.
Energy Star Label S.B. government backed green and blue logo that shows outstanding energy efficiency.
Extended Warranty S.B. A warranty that is purchased and extends beyond the basic warranty usually giving more time and more coverage.
Federal Trade Commission S.B. is an independent agency of the United States government, with a mission to promote consumer protection and eliminate and prevent monopolies.
Food & Drug Commission S.B. Food and Drug Administration – responsible for protecting the health of the public in the following areas: food, drugs, medical devices, cosmetics, tobacco, animal products
Full Warranty S.B. Covers all parts of a product but may have time limitations. The warrant is not valid for normal wear and tear or consumer misuse.
Home Owner's Insurance S.B. Required coverage that provides protection for your residence and its associated financial risks, such as damage to personal property and injuries to others.
Implied Warranty S.B. A warranty that is not written but is implied that a product sold functions as it is intended
Limited Warranty S.B. A warranty that covers part of a product but not all. Example: might cover parts but not labor.
Loss Leader S.B. A product or service sold at a substantial discount in order to generate additional sales
Phishing S.B. sending an electronic message falsely claiming to be a legitimate business for the purpose of gaining personal or financial information
Pop-Ups S.B. a new web browser window that displays advertisements
Predatory practicing/ lending S.B. When lenders conduct business in ways that are deceptive. They may use several fraudulent, deceptive, or discriminatory methods, to lure the consumer into practice that could lead to financial ruin.
Redress S.B. money or other benefits that a consumer receives as fair compensation for a company’s mistake for remedy for wrong or loss
Renter's Insurance S.B. A type of insurance that covers the loss of a tenant's personal property as a result of damage or theft. A landlord's insurance does not cover a tenant's possessions.
Rewards S.B. Items or perks that are earned by your purchasing history
SPAM S.B. Advertising messages received over e-mail or electronic messaging system that is unwanted
Testimonials S.B. Stories told by happy consumers about a product or service that may influence others
Utilities S.B. Cost of running a home either rented or owned. Examples include: electricity, water, gas, and trash.
Zusammenfassung anzeigen Zusammenfassung ausblenden

ähnlicher Inhalt

Archaeology
4591
GCSE AQA Chemistry - Unit 3
James Jolliffe
GCSE AQA Physics - Unit 3
James Jolliffe
GCSE CHEMISTRY UNIT 2 STRUCTURE AND BONDING
ktmoo.poppypoo
GCSE AQA Physics - Unit 2
James Jolliffe
GCSE AQA Chemistry - Unit 1
James Jolliffe
GCSE AQA Chemistry - Unit 2
James Jolliffe
Business Studies - AQA - GCSE - Types of Ownership
Josh Anderson
GCSE CHEMISTRY UNIT 2 STRUCTURE AND BONDING
mustafizk
AQA Business Unit 1
lauren_binney
GCSE AQA Biology - Unit 3
James Jolliffe