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who would like crucified sideways

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27 Terms

1
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bias

leaning towards one view and showing favouritism and prejudice

2
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boycott

the choice to avoid the purchase of particular product or of a particular company due to moral, ethical, political or environmental reasons

3
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consumer attitude

an individual’s overall feeling about a good or service

4
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culture

values, beliefs, behaviours and traditions that are upheld by a society

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ethical consumerism

making a purchase based on a business’ ethical, moral, political, or environmental standing

6
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loan

temporary lending d’argent in which is given by a financial institution

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marketing

planning, executing, proposing and promoting products

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motives

the reason for which individuals do something

9
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operations

area in business that contains all of the activities involved with producing goods and services

10
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pee group

a group in which a person strongly identifies with (for anyone going to answer this with “peer group” you are in fact wrong) (its pee group)

11
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personality

all of the behaviours and characteristics that make up an individual

12
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profit

l’argent from goods and services while deducting the cost business expenses

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psychological

influences in an individual that impacts their purchasing habits

14
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quality

degree of excellence in fitness and other aspects of goods and services

15
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roadworthy certificate

proof car works well (used cars only)

16
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sociocultural influences

aspects of society which impact an individual’s purchasing habits

17
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stamp duty

compulsory fee charged by the state for the fucking bitchass car in your possession

18
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technology

scientific knowledge used to make machinery and devices to improve business productivity and solve their problems

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productivity

measure of efficiency (output compared to input production) aka not being a lazy piece of shite

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output

goods and services delivered to consumers

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input

resources used for producing goods and services

22
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innovation

adding to an already existing product line or significantly improving an existing product or process

23
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research and development expenditure

activities done to improve existing products or creating new products.

24
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invention

development of something new

25
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market share

the proportion of the total market that a business has, calculated by the business’ sales in the market divided by the total sales of all businesses in the market.

26
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marketing campaign

research → product → price → promotions → place → evaluation.

27
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upskilling

providing of training and further education to employees