Critical Consumerism Vocab
Across
- 4. the protection or promotion of the interests of consumers
- 7. terms: Terms that company's have that disclose private info along with legal details.
- 8. withdraw from commercial or social relations with (a country, organization, or person) as a punishment or protest:
- 9. the fraudulent practice of sending emails or other messages purporting to be from reputable companies in order to induce individuals to reveal personal information
- 12. advertising False advertising
- 14. When there is an error with a product and the manufacturer tries to regain the item to fix it to prevent poor reviews / damage.
- 15. media: websites and applications that enable users to create and share content or to participate in social networking.
- 16. the activity or profession of producing advertisements for commercial products or services
- 17. scheme A Ponzi scheme is an investment scam that pays early investors with money taken from later investors to create an illusion of big profits
- 19. An endorsement may be a signature authorizing the legal transfer of a negotiable instrument between parties
Down
- 1. rating/reviews: a report about a product written by a customer on a commercial website to help people decide if they want to buy it
- 2. loyalty: Brand loyalty is a long-term commitment to make repeat purchases of a particular brand based on the perception of higher quality and better service than any competitor
- 3. placement: Product placement is a form of advertising in which branded goods and services are featured in a production that targets a large audience
- 5. marketing ads: Targeted advertising uses consumer data to direct advertisements to specific audiences based on their traits, interests, and preferences.
- 6. reports: Consumer Reports is an independent, nonprofit member organization that evaluates consumer products and services based on its own in-house testing, highly respected and doesn’t allow advertising
- 10. lending Predatory lending includes any unscrupulous practices carried out by lenders to entice, induce, mislead, and assist borrowers toward taking out loans they are unable to pay back reasonably.
- 11. a person with the ability to influence potential buyers of a product or service by promoting or recommending the items on social media:
- 13. appeal: The bandwagon effect is a psychological phenomenon in which people do something primarily because other people are doing it, regardless of their own beliefs
- 18. theft: The process of stealing somebodies' identity for your own benefit.