Personal Finance Key Terms Ch. 6
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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branding | the promotion of a product or service by identifying it with distinct characteristics (usually associated with public perception, quality or effectiveness)
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brand recognition/awareness | refers to the public's ability to recall and recognize a brand by its logo, jingles, packaging, etc.
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buyer's remorse | feeling regret or concern after making a large purchase
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caveat emptor | Latin term for "buyer beware"
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financing | to buy an item with credit; paying over time
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marketing | the process of communicating the value of a product or service to customers
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opportunity cost | refers to the financial opportunity that is given up because you choose to do something else with your money
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significant purchase | an amount of money you spend, usually $300, that causes some pain to part with
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
Ms.Sala
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