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a2020
Ethical Dilemmas
| Term | Definition |
|---|---|
| consumer goods and services | produces produced for personal consumption |
| consumers | people who use goods and services to satisfy tier wants |
| convenience products | consumers goods and service purchased quickly and without much thought or effort |
| economic goods | physical objects that are useful scarce and transferable and that staidly econcnmic wants |
| economic service | products acts that are useful scarce and transferable and that stiffly economic wants |
| economic want | a desire for something that can only be sawfly he spending money |
| equipment | industrial goods used in the operation of a business but not used in the actual production of a goods or service |
| goods | tangible objects that can be manufacueredor produced for resale |
| impulse item | industrial item purchased as a result of an on the spot decision to buy |
| industrial goods and services | products purchase by produces for resale to make other goods and services and or to use in business |
| installations | high cost long lasting industrial goods used to produce other goods |
| market research's | the systematic gathering recording and analyzing of data about a specific issue situation or concern that affects a market |
| materials | industrial gods that become part of a finished product after they been processed |
| noneconomic want | a desire for something can be satisfied without spending money |
| parts | industrial goods that become part of a finished product watthour any additional processing |
Created by:
jose.m622
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