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shopping options and practices

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Term
Definition
Retail store   obtain goods from wholesalers to sell to consumers  
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wholesale   obtain goods from suppliers to sell to retailers  
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department store   sells a variety of goods and services in a single store  
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warehouse club and super store   offers price advantages and wide product selection to its members  
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discount tore   sells certain lines of merchandise at below-average prices  
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consignment store   sells used merchandise at reduced prices  
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thrift   the quality of being frugal, using resources wisely  
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specialty store   sell goods and services for specialized purposes  
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door-to-door sales   salesperson comes to home, either by invitation or not  
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catalog shopping   shopper calls on telephone to buy goods or services  
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telemarketing   seller calls on telephone to sell goods or services  
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T-commerce   shopping in response to ads on television  
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E-commerce   buying goods and services on the internet, including internet auctions  
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reliability   being able to depend on a person or person or business to back up their claims  
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services   special consumer features offered by a store or other seller  
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impulse buying   buying on the spur of the moment, without planning  
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warranty   warrant guarantee that a product will perform up to the specified standards; four types are implied, written, full,and limited warranties  
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estimate   a total expected cost, in writing, for performing servies  
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work order   gives authority to a service provider to perform services  
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contract   legally binding papers signed by all parties in an agreemnet  
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service warranty   guarantees certain quality standards of performance  
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Created by: hillro
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