Busy. Please wait.
or

show password
Forgot Password?

Don't have an account?  Sign up 
or

Username is available taken
show password

why


Make sure to remember your password. If you forget it there is no way for StudyStack to send you a reset link. You would need to create a new account.
We do not share your email address with others. It is only used to allow you to reset your password. For details read our Privacy Policy and Terms of Service.


Already a StudyStack user? Log In

Reset Password
Enter the associated with your account, and we'll email you a link to reset your password.

Remove ads
Don't know
Know
remaining cards
Save
0:01
To flip the current card, click it or press the Spacebar key.  To move the current card to one of the three colored boxes, click on the box.  You may also press the UP ARROW key to move the card to the "Know" box, the DOWN ARROW key to move the card to the "Don't know" box, or the RIGHT ARROW key to move the card to the Remaining box.  You may also click on the card displayed in any of the three boxes to bring that card back to the center.

Pass complete!

"Know" box contains:
Time elapsed:
Retries:
restart all cards




share
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.

  Normal Size     Small Size show me how

Smart Shopping

TermDefinition
Consumer is anyone who purchases goods or services for their own use
consumer needs are things that we generally cannot do without
Consumer wants are all the things that we would like to have but that are really not essential
Budget Is a plan of how much money you are prepared to spend
False Economy Is when we purchase a cheaper product but it turns out to be more expensive in the long term
Unit Price Is the price of a single amount of something
brand IS the distinctive name and logo that producers put on their products services or businesses
Conspicuous consumption spending in an entravagant way which the deliberate intention of trying to impress others
Impluse purchase when we make a sudden unplanned decision to buy something
Below cost selling when retailers sell a product at a lower price than they paid for it
Guarantee Is a promise from the manufacturer or seller to offer a refund or a replacement to anyone who purchases faulty goods within a specific period of time
Warranty IS an additional promise from a manufacturer or seller to repair any faulty goods within a specific period of time
Informative advertising Simply gives you information about a product such as size colour and availability
Persuasive advertising Tries to convince you that you really need a product
Legal tender That the notes and coins must be accepted as payment by retailers if offered by a customer
Deposit Small part of the cost of the product which will reserve the product for you until you return and pay the rest of the money owned
Electronic Funds Transfer Allows money to be transferred from one bank account into another account
Electronic Fund Transfer at the point of sale Refers to all the systems that allow customers to pay money electronically in shops
Created by: dunnejl1