Unit 4 Flashcards
Clothing
Apparel
The sale of goods to the public
Retail
The financial gain a company or a person makes
Profits
A person or business that you are competing with
Rival
Describing a situation or activity in which people or companies are trying to be more successful than others
Competitive
To start a company, institution, or other organization
Founded
A senior-level employee who is responsible for making important decisions for the company
Executive
A product (or group of products) with its own name
Brands
An organization or company’s main offices or center of control
Headquarters
The activity of promoting and advertising goods or services in order to encourage people to buy them
Marketing
Someone who is trying to sell similar goods or services to the same people
Competitor
The action of pay workers from outside the company to do the work or supply the things it needs or sells
Outsource
When there is not enough of something
Shortage
The things or goods a person or company sells
Merchandise
The process involved in moving a product from supplier to customer
Supply chain
