chapter 13 and 12
Across
- 1. line: a group of closely related products within the product mix.
- 2. floor: a minimum price set by the government for certain goods and services.
- 5. retailers: sell products through both brick-and-mortar stores and online sites.
- 7. gouging: The practice of raising prices on certain goods to an excessively high level during an emergency
- 11. price: Actual price customers pay for a product after any discounts or coupons
- 12. pricing: Pricing products in a way to intentionally mislead a customer.
- 15. Retailer that sells products through websites.
- 16. leader: Pricing an item much lower than the current market price or the cost of acquiring the product.
- 18. and Switch: Practice of advertising one product with the intent of persuading customers to buy a more expensive item when they arrive in the store.
- 19. chain:
- 20. pricing: Pricing techniques that create an image of a product and to entice customers to buy
- 21. Fact about a product or service.
- 23. suggested retail price: the price recommended by the manufacturer.
Down
- 1. planning: the process of deciding which products will appeal to the target market
- 2. pricing: The practice of setting very low prices to remove competition
- 3. Something that cannot be touched.
- 4. Promise that a product has a certain quality or will perform in a specific way.
- 6. forwarder: Company that organizes shipments.
- 8. channel: Path of selling goods or services directly from manufacturer to end users.
- 9. channel: Path of selling goods or services that uses intermediaries to get the product from manufacturer to end users.
- 10. Price: Established price printed in a catalog, on a price tag, or in a price list.
- 13. depth: the number of product items within a product line.
- 14. of distribution: Path that goods take through the supply chain.
- 17. The process of separating a large quantity of goods into smaller quantities for resale
- 18. price: General price at which the company expects to sell a product.
- 20. pricing : The practice to sets prices high to convey quality and status.
- 22. Industry: Identify which is NOT one of the three main types of businesses involved in the supply chain.