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Flashcards - Understanding Consumerism

Flashcards - Understanding Consumerism
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unsought
Unsought Goods are goods that the consumer does not know about or does not normally think of buying, and the purchase of which arises due to danger or the fear of danger and lack of desire
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consumer product
In economics, any commodity which is produced and subsequently consumed by the consumer, to satisfy its current wants or needs, is a consumer good or final good
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business product
In marketing, a product is anything that can be offered to a market that might satisfy a want or need
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Retailing
Retail involves the process of selling consumer goods or services to customers through multiple channels of distribution to earn a profit
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non-store retailing
Non-store retailing is the selling of goods and services outside the confines of a retail facility
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Brick-and-mortar store
Brick and mortar refers to a physical presence of an organization or business in a building or other structure
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Consumerism
Consumerism as a social and economic order and ideology encourages the acquisition of goods and services in ever-increasing amounts
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value
A-Values are numerical values used in the determination of the most stable orientation of atoms in a molecule , as well as a general representation of steric bulk
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17 cards in set
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value
A-Values are numerical values used in the determination of the most stable orientation of atoms in a molecule , as well as a general representation of steric bulk
Consumerism
Consumerism as a social and economic order and ideology encourages the acquisition of goods and services in ever-increasing amounts
Brick-and-mortar store
Brick and mortar refers to a physical presence of an organization or business in a building or other structure
non-store retailing
Non-store retailing is the selling of goods and services outside the confines of a retail facility
Retailing
Retail involves the process of selling consumer goods or services to customers through multiple channels of distribution to earn a profit
business product
In marketing, a product is anything that can be offered to a market that might satisfy a want or need
consumer product
In economics, any commodity which is produced and subsequently consumed by the consumer, to satisfy its current wants or needs, is a consumer good or final good
unsought
Unsought Goods are goods that the consumer does not know about or does not normally think of buying, and the purchase of which arises due to danger or the fear of danger and lack of desire
Needs
A need is something that is necessary for an organism to live a healthy life
Consumer protection
Consumer protection is a group of laws and organizations designed to ensure the rights of consumers as well as fair trade, competition and accurate information in the marketplace
strict liability
In law, strict liability is a standard for liability which may exist in either a criminal or civil context
Chief privacy officers
The Chief Privacy Officer is a senior level executive within a business or organization
Federal Trade Commission
The Federal Trade Commission is an independent agency of the United States government, established in 1914 by the Federal Trade Commission Act
privacy by design
Privacy by Design is an approach to systems engineering which takes privacy into account throughout the whole engineering process
information search
The information search process is a six-stage process of information seeking behavior in library and information science
Reference groups
A reference group is a group to which an individual or another group is compared
rebate
A rebate is an amount paid by way of reduction, return, or refund on what has already been paid or contributed

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