Off- price and outlet stores carry well- known ________ at bargain prices.
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Comparison shopping
________ is comparing the prices and the characteristics of competing brands or stores.
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Superstores
________ are like supermarkets but sell items such as books, hardware, sporting goods, and clothing as well as groceries.
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Consumers
________ must make many decisions about buying goods and services.
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Warranty
A(n) ________ is a written guarantee from the manufacturer or distributor that states the conditions under which the product can be returned, replaced, or repaired.
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Impulse buying
________ is the act of making unplanned purchases.
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Warehouse stores
________ carry a huge selection of food and nonfood items at low prices and in bulk quantities.
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Loss leaders
________ are advertised products that sell at a loss to bring customers into a store.
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Convenience stores
________ provide easy access to products that consumers often buy as necessities or impulse items.
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Department stores
________ sell a wide variety of goods.
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Clearance sale
A(n) ________ is a sale to clear out goods that are going out of season or are no longer profitable.
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Generic products
________ are plainly labeled, unadvertised products that are sold at lower prices than brand- name goods.
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Comparison shopping
________ is an important factor in buying products or services.
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Consumers
________ can shop at home through TV channels, catalogs, or the Internet.
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There are three factors that affect a consumers decision on where to shop
the kinds of goods and services sold, prices, and convenience
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