Across
- 2. The value that is put to a product or service and is the result of a complex set of calculations, research and understanding and risk taking ability.
- 5. A factor to consider with distribution and your company.
- 6. A type of pricing.
- 7. A law stating that businesses can't make is an agreement (written, verbal, or inferred from conduct) among competitors that raises, lowers, or stabilizes prices or competitive terms.
- 11. A facility that is usually smaller than a firm's main warehouse and is used for receipt, temporary storage, and redistribution of goods according to the customer orders as they are received.
- 15. Channel A chain of intermediaries through which a product moves in order to be made available for purchase by a consumer.
- 16. Upgraded version of the basic product with additional features.
- 18. Pricing Using the wholesale cost of an item as the basis for the price charged.
- 19. Distribution Includes all the activities associated with the supply of finished product at every step, from the production line to the consumers.
- 20. Strategy Takes into account segments, ability to pay, market conditions, competitor actions, trade margins and input costs, amongst others.
- 21. A law stating that products sold in different quantities or package sizes must include the unit basic price.
- 23. An additional service to the already existing products.
- 24. The cost of a good sold by a wholesaler.
Down
- 1. The path or route through which goods and services travel to get from the place of production or manufacture to the final users.
- 3. A law stating that when a company claims a price is low to lure a customer and then tell them the offer isn’t available anymore when they are interested in the product.
- 4. Point The production level where total revenues equal total expenses.
- 8. Business costs, such as rent, that are constant whatever the quantity of goods or services produced.
- 9. A law stating that businesses can’t mislead your consumers on pricing through advertising.
- 10. A corporate expense that changes in proportion to production output.
- 12. A law stating that businesses aren’t allowed to discriminate in the price they charge companies in their channel.
- 13. Channel Distribution channel in which a producer supplies or serves directly to an ultimate user or consumer, without any middleman (agent, distributor, wholesaler, retailer).
- 14. How much customers are willing to pay.
- 17. The process of making a product or service available for the consumer or business user that needs it.
- 22. A complete list of items such as property, goods in stock, or the contents of a building.