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16 > Electric chair in my bathroom > Flashcards

Electric chair in my bathroom Flashcards

to learn deca terms

1
Q

Adjacent Colors

A

colors that are next to each other on the color wheel

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2
Q

Aseptic Package

A

a food storage process that keeps food fresh without refrigeration for up to six months

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3
Q

BBB

A

one of the oldest nonprofit organizations that establishes self regulation among businesses

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4
Q

Basic Stock List

A

a list used for those staple items that should always be in stock

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5
Q

Bonded Warehouses

A

warehouses that store products requiring the payment of federal tax

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6
Q

Boomerang Method

A

a selling method that converts a customers objection into a selling point

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7
Q

Centralized Buying

A

buying process for all branches in a chain store operation, usually done in a central location, such as company headquarters

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8
Q

Cold Canvassing

A

the process of location as many potential customers as possible without checking out leads beforehand

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9
Q

Decentralized Buying

A

Local chain store managers or their designated buyers who are authorized to make special purchases for their individual stores

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10
Q

Dollar Control

A

the planning and monitoring of the total inventory investment that a business makes during a stated period of time

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11
Q

Drop Shippers

A

businesses that own the goods they sell but do not physically handle the products

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12
Q

Empathy

A

an understanding of a persons situation or frame of mind

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13
Q

Endless Chain Method

A

the process of asking previous customers for names of potential customers

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14
Q

Exempt Carriers

A

trucking companies that are free from direct regulation of rates and operating procedures

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15
Q

EEOC

A

equal employment opportunity commission

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16
Q

FTC

A

Federal trade commission

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17
Q

Fidelity Bonds

A

a type of insurance that protects a business from employee dishonesty

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18
Q

Firewall

A

hardware or software that protects a compurter from attacks by hackers

19
Q

Flextime

A

a program that allows workers to choose their work hours

20
Q

HTML

A

hypertext markup language

21
Q

HTTP

A

hypertext transfer protocol

22
Q

indirect distribution

A

sales of goods or services to the customer through intermediaries

23
Q

Intermediaries

A

business involved in sales transactions that move products from the manufacturer to the final user; also known as middlemen

24
Q

ISP

A

internet service provider

25
Q

JIT

A

just in time inventory system

26
Q

Laymans Terms

A

words the average customer can understand

27
Q

LLC

A

limited liability company

28
Q

Marquee

A

an architectural canopy that extends over a stores entrance

29
Q

Memorandum Buying

A

a buying process in which the supplier agrees to take back any unsold goods by a certain pre-established date

30
Q

Merchandise Approach

A

a way to approach a customer that focuses on making a comment about a product in which the customer shows interest

31
Q

mini-nationals

A

midsize or smaller companies that have operations in multiple countries

32
Q

model stock list

A

an inventory monitoring plan used for merchandise that quickly goes out of fashion

33
Q

O*NET

A

occupational information network

34
Q

on-approval sale

A

an agreement permitting a customer to take merchandise home for further consideration

35
Q

Penetration Pricing

A

a pricing policy that sets the initial price for a new product very low

36
Q

Performance Bonds

A

a type of insurance that provides financial protection for losses that might occur when a construction project is not finished due to the contractors impaired financial condition

37
Q

Physical Inventory System

A

an inventory sstem where every so often stock is visually inspected or actually counted to determine the quantity on hand

38
Q

Planogram

A

a computer developed diagram that shows retailers how and where products within a category should be displayed on a shelf at individual stores

39
Q

Prestige Pricing

A

a pricing technique that sets higher than average prices to suggest status and high quality to the consumer

40
Q

Protectionism

A

a governments establishment of economic policies that restrict imports to protect domestic industries

41
Q

Rack Jobbers

A

wholesalers that manage inventory and merchandising for retailers by counting stock, filing it in when needed.

42
Q

Stock keeping unit

A

a unit or a group ofrelated items in a unit control inventory system

43
Q

sole proprietorship

A

a business owned and operated by one person

16 (1 decks)

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