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Unit 3

matthewwackler Inglés 28 fichas

Unit 3

Fichas del conjunto (28)

  1. 1Bait and switch MWThe fraudulent practice of advertising and luring consumers to a store with promised products or services that then appear to be unavailable and replaced with higher priced itemsBait and switch MW
  2. 2Bandwagon MWTrend that gains popularity and demand of productsBandwagon MW
  3. 3Better Business Bureau (BBB) MWgathers and reports information on business/service reliability and alerts and informs the public of its findings. Consumers can also file complaints with the BBB.Better Business Bureau (BBB) MW
  4. 4Brand loyalty MWConsumers become committed to a certain brand and make repeat purchases over time. Loyal customers will consistently purchase products from their preferred brands, regardless of convenience or price.Brand loyalty MW
  5. 5Bundle Plan MWA pricing plan that combines two or more utilities that offers savings for the consumer (i.e. cable + internet + phone with same company)Bundle Plan MW
  6. 6Commerce MWagency to further the interest of the local businessCommerce MW
  7. 7Conserve MWto save or reduceConserve MW
  8. 8Cost per Wear/Use MWdivide total cost of item or service by how often it is used or worn to determine the true cost effectiveness of this purchaseCost per Wear/Use MW
  9. 9Electronic messaging MWAdvertising through the use of unsolicited texts, emails, and banners on web pagesElectronic messaging MW
  10. 10Energy Guide Label MWYellow sticker, required by law, which allows a consumer to compare the yearly cost to operate an appliance.Energy Guide Label MW
  11. 11Energy Star Label MWgovernment backed green and blue logo that shows outstanding energy efficiency.Energy Star Label MW
  12. 12Extended warranty MWA warranty that is purchased and extends beyond the basic warranty usually giving more time and more coverage.Extended warranty MW
  13. 13Federal Trade Commission MWis an independent agency of the United States government, with a mission to promote consumer protection and eliminate and prevent monopolies.Federal Trade Commission MW
  14. 14Food & Drug Administration MWresponsible for protecting the health of the public in the following areas: food, drugs, medical devices, cosmetics, tobacco, animal productsFood & Drug Administration MW
  15. 15Full warranty MWCovers all parts of a product but may have time limitations. The warrant is not valid for normal wear and tear or consumer misuse.Full warranty MW
  16. 16Home owner's insurance MWRequired coverage that provides protection for your residence and its associated financial risks, such as damage to personal property and injuries to others.Home owner's insurance MW
  17. 17Implied warranty MWA warranty that is not written but is implied that a product sold functions as it is intendedImplied warranty MW
  18. 18Limited warranty MWA warranty that covers part of a product but not all. Example: might cover parts but not labor.Limited warranty MW
  19. 19Loss Leader MWA product or service sold at a substantial discount in order to generate additional salesLoss Leader MW
  20. 20Phishing MWsending an electronic message falsely claiming to be a legitimate business for the purpose of gaining personal or financial informationPhishing MW
  21. 21Pop-ups MWa new web browser window that displays advertisementsPop-ups MW
  22. 22Predatory practices/lending MWWhen lenders conduct business in ways that are deceptive. They may use several fraudulent, deceptive, or discriminatory methods, to lure the consumer into practice that could lead to financial ruin.Predatory practices/lending MW
  23. 23Redress MWmoney or other benefits that a consumer receives as fair compensation for a company’s mistake for remedy for wrong or lossRedress MW
  24. 24Renter's insurance MWA type of insurance that covers the loss of a tenant's personal property as a result of damage or theft. A landlord's insurance does not cover a tenant's possessions.Renter's insurance MW
  25. 25Rewards MWItems or perks that are earned by your purchasing historyRewards MW
  26. 26SPAM MWAdvertising messages received over e-mail or electronic messaging system that is unwantedSPAM MW
  27. 27Testimonials MWStories told by happy consumers about a product or service that may influence othersTestimonials MW
  28. 28Utilities MWCost of running a home either rented or owned. Examples include: electricity, water, gas, and trash.Utilities MW

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Fichas sobre Unit 3, creado por matthewwackler el 20/03/2015.
Creado por
matthewwackler
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