set 10 Flashcards

1
Q

The combined actions of a group of people, especially when effective and efficient.

A

Teamwork

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2
Q

Employment that is meant to last for a designated period of time

A

Temporary employment

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3
Q

An instance of buying or selling something -in retail, this generally refers to a customer buying or returning an item.

A

Transaction

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4
Q

A barcode that contains specific product information including a description, price, tax status and relevant discounts or promotions

A

Universal Product Code (UPC)

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5
Q

the act of highlighting or revealing an extra value of a product or directing the customer’s attention to other projects that may better satisfy their needs.

A

Upselling

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6
Q

The subjective worth that an item or service has for the customer compared to other alternative.

A

Value

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7
Q

The branch of retail in charge for promotions specific products and services through engaging visual displays.

A

Visual Merchandising

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8
Q

A type of add-on service

A

Warranty

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9
Q

An entity that buys large quantities of these products directly from the manufacturer and then sells smaller amounts of the products to different retails.

A

Wholesaler

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10
Q

The satisfaction that the customer feels after obtaining/experiencing the benefits from the purchased product or service

A

Worth

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