Goods and Services

What looks like a credit card, but operates like a check?

Stealing items displayed in stores is called

The dollar value of all goods & services produced annually in the U.S. is called:

Which of the following could happen if you don't make payments on an installment plan?

All of the following are reasons that a country has a high GDP except

All of the following are personal services except

The process of making goods and services available & convincing consumers to buy them is ______

The difference between the cost of production and revenues received from buyers is known as

One day you decide to buy a candy bar from the gas station. You are now considered part of

A good credit rating means that you

_______ is the rapid production of large numbers of identical objects.

Things that are manufactures are _______

What are advantages internet retailers have?

Businesses never lie or misrepresent their products

you buy a tv from Walmart. The TV catches fire & burns you ____ makes sure this never hapns agn

______ is a form of credit granted by the store to its customers

Products that consumers buy that are not physical objects

Which of the following items counts as neither a good nor service?

Businesses that advertise more than others will most likely be more successful

Which of the following power sources was the first used for mass production?

Which describes the GDP of the U.S. over the last 50 years?

Which of the following is a key part of mass marketing?

Wise shoppers only buy generic products

Product that does not have a manufacturers name

____ is issued by a bank or lending institution & can be used at thousands of stores world wide

When using a credit card, __ is the best method for getting & keeping costs down?

The name given by the maker to a product or range of products

A store in the mall sells only umbrellas. Which of the following terms describes this store?

___ requires food companies to label products to identify fat, cholesterol, calories, & sodium,

All of the following are reasons that sellers like self service for mass marketing except

The number of consumers who buy products on the internet has increased in recent years

All of the following are components of mass production except

Why do businesses use standard packaging today?

gives advice & assistance to people who believe they were cheated by company

Railroads today carry a much smaller percentage of freight than they did in the late 1800s

All of the following individuals provide repair services except

All of the following are goods excpet