Term
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Definition
| Obtains goods from wholesalers to sell to consumers |
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Term
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Definition
| Obtains goods from suppliers to sell to retailers |
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Term
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Definition
| Sells a variety of goods and services in a single store |
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Term
| warehouse club and super store |
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Definition
| Offers price advantages and wide product selection to its members |
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Term
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Definition
| Sells certain lines of merchandise at below-average prices |
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Term
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Definition
| Sells used merchandise at reduced prices |
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Term
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Definition
| The quality of being frugal, using resources wisely |
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Term
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Definition
| Sell goods and services for specialized purposes |
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Term
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Definition
| Salesperson comes to home, either by invitation or not |
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Term
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Definition
| Shopper calls on telephone to buy goods listed in a catalog |
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Term
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Definition
| Seller calls on telephone to sell goods or services |
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Term
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Definition
| Shopping in response to ads on television |
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Term
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Definition
| Buying goods and services on the Internet, including Internet auctions |
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Term
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Definition
| Being able to depend on a person or business to back up their claims |
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Term
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Definition
| Special consumer features offered by a store or other seller |
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Term
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Definition
| Buying on the spur of the moment, without planning |
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Term
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Definition
| A guarantee that a product will perform up to specified standards; four types are implied, written, full, and limited warranties |
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Term
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Definition
| A total expected cost, in writing, for performing a service |
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Term
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Definition
| Gives authority to a service provider to perform services |
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Term
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Definition
| Legally binding papers signed by all parties in an agreement |
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Term
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Definition
| Guarantees certain quality standards of performance |
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