Unit 3.1 Vocabulary

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Across
  1. 3. sales are stable and price remains steady until new competitors arise
  2. 4. coordination of all activities required to make a product
  3. 6. protects products and customers from potentially negative outcomes
  4. 9. anything a human puts into making a product
  5. 13. number of product variations within a product line
  6. 16. products that are partly finished
  7. 17. distinctive quality of a good or service
  8. 18. demand and market share subside
  9. 20. how a product is used
  10. 21. total number of similar products a business offers within a product line
  11. 24. details when materials, shipments, workers, and other factors will be used
Down
  1. 1. inspecting products in inventory or production against standards
  2. 2. competition is low, demand is increasing
  3. 4. goods and services sold by a business
  4. 5. product is new and unknown
  5. 7. raw materials that come directly from suppliers
  6. 8. number of items a business currently holds
  7. 10. a business’s acquisition of various necessary items to make a product
  8. 11. group of goods and services with similar characteristics in the product mix
  9. 12. number of completed products that a business has in stock
  10. 14. product’s performance from introduction to when it’s discontinued
  11. 15. total number of product lines a business carries
  12. 19. good and services created to satisfy consumer wants and needs
  13. 22. operating procedures a company will use when developing or providing a product or service
  14. 23. positive gains a customer will experience from a purchase