Type
Crossword
Description

store that dominates over others. Category killer
Goods or services that satisfy one or more needs or wants of a consumer. Economic utility
Type of multi-channel merchandising that uses brick-and-mortar, direct marketing and selling, and allows business to work globally. B2C
Transaction that does not involve merchandise pure service
when two or more companies combine to become one larger company merger
what is it called when a parent company sells one of its businesses to another company divestiture
Strategy to make the shares of a company look unappealing to the stock buyers Poison pill
The hardest group for retailers to serve is self-actualized
customers that seek security, are domestic, conformist. Favor value for money family brands. Mainstreamers
customers who seek status. They are materialistic, appearance important, image and fashion. Usually younger. Aspirers
customer who seeks discovery. Values being different and adventuring. Usually students. Explorers
Customer who seeks control. Strong confidence, goals, and work ethic. Usually professionals. Succeeders
Customers who seek survival. Authoritarian values. Interested in the past and old traditions. Older people. Resigned
Type of good where an increase in income causes a fall in demand. Inferior good
Type of good where an increase in income caused an increase in demand. Normal good
Type of good where an increase in income leads to an increase in demand. Luxury good
Which type of specialty store has the strongest drawing power? Destination
An example of this specialty store is Aerie spin-off store
What is the abbreviation for the largest form of online business? B2B
What is the abbreviation for the most common type of online business? B2C
Stores that must have strong differential advantages and have focus on specific product categories Specialty stores
A __ is a secondary line of luxury at lower prices diffusion line
Retailer that has narrow assortments, low cost location and is for lower income consumers Extreme value
A mix of a catalog and catalog Metalog
Photo that advertises company with overall image rather than focusing on the merchandise Lifestyle shot

Supply and Demand Crossword

Type
Crossword
Description

The amount of goods available. Supply
When producers offer more of a good as its price increases. law of supply
The amount that a supplier is willing and able to supply at a specific price. Quantity supplied
A cost that rices or falls depending on the quantity produced. Variable cost
A cost that does not change. fixed cost
A tax on the production or sale of a good. Excise tax
The sum of fixed costs plus variable costs. Total cost
The cost of producing one more unit of a good. marginal cost
The total cost divided by the quantity produced. Average cost
The cost of operating a facility such as a factory or a store. Operation cost
The desire to own something and the ability to pay for it. Demand
To buy more of a good when its price is lower. law of demand
when consumers react to an increase in a goods price by consuming less. Substitution effect
The change in consumption that results when a price increases causes real income to decline. income effect
A table that lists the quantity of a good a person will buy at various prices in a market. Demand schedule
A table that lists the quantity of a good all consumers in a market will buy at various prices. market demand
a graphic representation of a demand schedule. demand curve
A good that consumers demand more when their incomes increases. normal good
A good that consumers demand less of what their incomes increase. Inferior good
The statistical characteristics of population and population segments. demographics
A measure of how consumers respond to price change. Elasticity of demand
The total amount of money a company receives by selling goods or services. total revenue

Accounting Terms: Back to Basics Crossword

Type
Crossword
Description

describes the sources and uses of cash for a reporting period Statement of cash flows
charge for using money until repaid at a future date Interest
security that represents ownership in a corporation; holders exercise control by electing a board of directors and voting on corporate policy Common stock
amount by which a company's value exceeds the value of its individual assets and liabilities Goodwill
class of ownership in a corporation that has a higher claim on its assets and earnings than common stock Preferred stock
net sales minus cost of goods sold Gross profit
record within an accounting system where increases and decreases in a specific asset, liability, equity, revenue, or expense are entered and stored Account
process of allocating the cost of an intangible asset to expense over its estimated useful life Amortization
an entry that increases asset and expense accounts, and decreases liability, equity ad revenue accounts Debit
income statement, balance sheet, statement of changes in owner’s equity, and statement of cash flows Financial statements
customers and other individuals and organizations who owe a company Debtors
journal entry at the end of an accounting period to bring an asset or liability account to its proper amount and update the related expense or revenue account Adjusting entry
total cost of an asset less its accumulated depreciation Book value
an asset created by selling products or services on credit Accounts receivable
method to assign cost to inventory that assumes items are sold in the order acquired FIFO
entity created by law and separate from its owners Corporation
inflows of assets in exchange for products and services provided to customers as part of a company’s operations Revenues
length of time an asset will be productively used in the operations of a business Useful life
occurs when expenses exceed revenues Net loss
merchandise a company owns and expects to sell in its normal operations Inventory
estimate of amount to be recovered at the end of an asset's useful life Salvage value
expense created by allocating the cost of plant and equipment to periods in which they are used; represents the expense of using an asset Depreciation
resources owned or controlled by a company that provide expected future benefits to the company Assets
a liability created by buying products or services on credit Account payable
obligations due to be paid or settled within the longer of one year of the operating cycle Current liabilities
equals a corporation’s accumulated net income (loss) for all prior periods that has not been distributed to shareholders Retained earnings

Economics Supply and Demand Crossword

Type
Crossword
Description

a move along a demand curve to the left contraction
the amount a customer is willing to pay for a good price
given by government to encourage more production of a good and lower price subsidy
determinant of supply weather
quantity a producer is willing and able to produce at a given price in a given period supply
this occurs when firms leave the industry supply decreases
customers become concerned about the production effects of a product on the ........... environment
this occurs as a result of improved productivity increase in supply
the amount a person is willing and able to pay for a good effective demand
government imposes an ........ ... which is then used to educate people about the dangers of the good indirect tax
price achieved in market increases (from producer's point of view) extension in supply
tastes shift towards the good concerned demand increase
mathematical relationship between price and quantity demanded inverse
determinant that increases demand when it increases income
type of good when increase in price of one good (A) causes demand for another good (B) to increase substitute
should interest rates on credit cards increase, demand for holidays ..... falls
a firm stops paying overtime leading to lowered ..... .. .......... costs of production
coffee with cream is example of these goods complementary
customers buy more of these goods when their income decreases inferior
innovation in computers - supply determinant technology

Study Guide Crossword

Type
Crossword
Description

_____ season is typically a “make it or break it ” time for retailers holiday
The ______ rate is an interest rate charged to commercial lending institutions by the Federal Reserve Bank. Prime
A social movement advocating fair interaction between people& merchants Consumerism
perception a customer has of a company or product in relation to others positioning
One of the 3 aspects of value-oriented retail strategy that elements not yet perfected by a competing retailer potential
two or more companies pooling resources in order to be one large company mergers
a parent company selling one of its businesses to another company divestiture
the most influential reference group on buying behavior family
a small store that sells stylish clothing, jewelry, or other usually luxury good, the work is French for “shop”. Offers customized services Boutiques
what’s the short term events held in a physical location that serve as a long-term Popups
what kind of store offers a broad variety of merchandise, limited service, and low prices Discount
A mixture of a magazine and a catalog Megalog
Items for which customers do not engage in advanced planning. Typically in high-traffic areas, specially the pages surrounding the order form Impulse-items
what is the descriptive collection of words that give detailed information about a product Copy
A form of online targeted advertising by which online advertising is delivered to consumers based on previous internet actions that did not in the past result a conversion retargeting
A view of where participants look based on fixations Heatmaps
One of the 6 C’s of social commerce that builds sustainable relationship by providing value community
One of the 6 C’s of social commerce that transactional web presence commerce
Goods that are placed within a retail store but revenue is not generated until the product is sold consignment
One of the three levels of analysis that refers to the part of the country, particular city, or Metropolitan Statistical Area region
What is a contiguous geographic area which accounts for the majority of a store’s sales and customers trade-area
The marketing of goods or services by means of telephone calls, typically unsolicited, to potential customers telemarketing
What increase in prices over time because of an increase in volume of money& credit inflation
A decline in prices and wages because of a reduction in the amount of money available Deflation
What services preformed on previously purchased products owned-goods

Microeconomics Crossword

Type
Crossword
Description

A diagram used to represent the monetary transactions in an economy. Circular Flow Diagram
The market place in which final goods or services are offered for purchase by consumers, businesses and public sector. Product market
A type of business entity that's owned and run by one person. Sole proprietorship
A type of business owned or run by two owners. Partnership
A financial gain. Profit
A company or group of people authorized to act as single entity. Corporation
A state of limited competition, in which a market is shared by a small number of producers. Oligopoly
Only one market gives services Monopoly
A type of market that sells similar products. Monopolistic Competition
The part of economics concerned with single factors and the effects of individual decisions. Microeconomics
A market where a business can go and purchase resources to produce goods and services Resource Market
Buyers will exchange with sellers when they want to purchase goods or services from sellers. Medium of exchange
All else equal, an increase n price results in an increase in quantity supplied Law of Supply
All other factors being equal, as the price of a good or service increase Law of Demand
Price of good or service of which quantity supplied is equal to quantity demand Market clearing price
A measure used in economics to show the responsiveness of the quantity demanded of a good or service to change in its price Price elasticity of demand
A measure used in economics to show the responsiveness or elasticity of the quantity supplied of a good or service to a change in price. Price elasticity of Supply
A market that has a broad range of cometitors who are selling identical products Pure Competition
Something that motivates or encourages someone to do something Incentive
An excess of production Surplus

MARKETING AND RETAIL VOCABULARY WORDS Crossword

Type
Crossword
Description

What it costs your store to purchase from a supplier. cost
Setting prices based on cost. Usually prices are set as a multiple of cost, such as 1.2 times the cost. Costorientedpricing
Setting prices based on what customer is willing to pay for. DemandorientedPricing
Setting prices based on competitor's prices. Setting prices lower than a competitor will generally draw more customers to your store. CompetitionorientedPricing
Method used to deliver advertising messages to the public, such as TV or radio. media
A series of questions asked to a selected group of people. survey
Person who collects money from customers in a retail establishment. Cashier
Person who replenishes shelves in a store. stocker
The exterior of a store generally facing the street including signage and windows. storefront
A period of prolonged recession. Depression
A period of rising prices Inflation
The difference between what consumers want and need and what the available resources are. Scarcity
A program that allows workers to choose their work hours. flextime
The process of selling over the telephone. Telemarketing
Tangible items of monetary value that satisfy needs and wants. goods
The revenue of your store minus all expenses over some period of time. Profit
The total amount of goods a business has. These may be in a backroom or out on the sales floor. Sometimes referred to as stock. Inventory
The number of people who will see or hear an advertisement. reach
The percentage of the loan amount that you must pay in interest each year (example 9% per year). Interest Rate
The Steps taken to collect marketing information required to make intelligent business decisions. Market Research
Payments to employees based on hours or days worked. wages
A group of similar people with the same type of product needs or wants who may potentially buy a certain good or service. Market
Opinion of customers about a particular aspect of a business, such as a customer service. CustomerSatisfaction
A list of information about a target market, such as age, income level, ethnicity, occupation, attitudes, lifestyle, and geographic residence. Customer Profile
The four basic marketing strategies, called the four Ps: product, place, price, and promotion. Marketing Mix
The projection of probable future sales in units or dollars. Sales Forecasts
Statistics that describe a population in terms of personal characteristics such as age, gender, income, marital status, ethnicity, education, and occupation. Demographics
Commercial exchange between nations that is conducted on free market principles, without tariffs, import quotas, or other restrictive regulations. free trade
The process of letting another company use a trademark, patent, special formula, company name, or some other intellectual property for a fee or royalty. Licensing
The process of selling the same product and using the same promotion methods in all countries. Globalization
A brand name, brand mark, trade name, trade character, or a combination of these elements that is given legal protection by the federal government. Trademark
The struggle between companies to attract new customers, keep existing ones, and take away customers from other companies. Competition
The sale price of a product; the assumption is that consumers will buy the product with the lowest price. Price competition

Entrepreneur Crossword Puzzle

Type
Crossword
Description

Someone who organizes, manages and takes on the risk of starting a new business. Entrepreneur
in the US, a business containing fewer than 500 employees. Small Business
The act of being an entrepreneur and creating a business. Entrepreneurship
The goals, purpose, and work a business hopes to accomplish. Business Mission
One who purchases a product or service. Customer
Work done for pay that benefits someone else. Service
Something produced or manufactured to be sold; a good. Product
Placing a number value/worth on a product. Pricing
The size, sum, or amount of countable or measurable products, expressed as a numerical value. Quantity
Someone who provides money or resources for a business, with the expectation or financial return or other gain. Investor
Money that is made/lost in a business after all costs and expenses are paid. Profit and Loss
Customers desire for a product or service. Demands

FMD 258: Mid-Term Study Guide Crossword

Type
Crossword
Description

Selling of one business to another company DIVESTITURE
Difference between net sales and cost of merchandise; percentage GROSSMARGIN
Anxiety when people have mixed feelings or beliefs COGNITIVE DISSONANCE
Store-within-a-store departments featuring internationally known merchandise BRANDED CONCEPT SHOP
Stand alone specialty stores feature merchandise by international designers COLLECTIONSHOPS
150,000 square feet; 70% general merchandise and 30% food products HYPERMARKETS
International entry tactic when companies enter each country one after another SPRINKLERSTRATEGY
International entry tactic when companies enter several countries simultaneously WATERFALLSTRATEGY
Exporting goods priced lower than those manufactured in the country that imports the merchandise DUMPING
tax rates across several countries are brought into equilibrium HARMONIZATION
shop 4x a week and spend the least per trip but most annually SHOPTIMIZERS
Shop 2.5x per week, influenced by location and in-store promotion(impulse) MAINSTREETERS
Shop 2x a week, ignore pricing; spend most per trip and least annually CAREFREES
Increase in income causes fall in demand INFERIOR GOOD
Increase in income causes increase demand NORMAL GOOD
Increase in income causes a bigger % increase in demand LUXURY GOOD
Allows company a grace period to reorganize its financial affairs CHAPTER11
Time, Place, Form, and Possession FOURECONOMICUTILITIES
Using an existing or potential retail site as locus to determine trading radius RING ANALYSIS
Tracts of land on the edge of a shopping center/commercial site that are owned by developer of property OUTPARCELS
Only do business in their home countries; between states DOMESTIC RETAILERS
Business in home country and within trading bloc; two or more diff. countries INTERNATIONALRETAILERS
Exchange between two or more different countries across international borders; look to invest GLOBAL RETAILERS
Content, Community, Commerce, Context, Connection, Conversation CSOCIALCOMMERCE
Achieves greater market share, able to charge premium prices, generates a lot of consumer loyalty BRANDEQUITYRPOV

Entrepreneurship Vocab Review Crossword

Type
Crossword
Description

Person who works for someone else employee
Person who provides a product or service for someone else for money entrepreneur
Process of running a business of one's own entrepreneurship
Things used to create products or services resources
Person who is a customer consumer
Business that makes the products it sells manufacturing
Money made from providing a good or service income
Costs for supplies used in business expenses
Result when income is greater than expenses profit
Amount added to the cost to determine selling price markup
Federal, state, or local government tax charged on goods sales
Creative problem-solving method that involves coming up with a large number of fresh ideas brainstorming
List of things to be discussed or done in a meeting agenda
Amount subtracted for the retail price to determine the selling price markdown
Making choices and satisfying the wants and needs of consumers economics
Occurs because people's wants and needs are unlimited while the resources needed to produce goods and services are limited scarcity
How much of a good or service a producer is willing and able to produce at different prices supply
Costs that must be paid no meter how much of a good or service is produced fixed
An individual's need or desire for a product or service at a given price demand
Value of the next best alternative opportunity cost
Costs that go up and down depending not he quantity of the good or serve produced variable
Products and services that are brought in from another country to be sold exports
Expenses that a business has every month operating
Financial statements based on estimates pro forma
Item of value owned by a business assets
One-time only expenses that are paid to open a business start up costs
Amount of sales that must be made to cover all of the costs of a business breakeven point

Midterm Crossword

Type
Crossword
Description

What is the process of tracing the existence of a product in the marketplace by examining the stages through which it passes and the time it spends in each stage? Product Lifecycle
What is the ability of a product to satisfy consumers needs and wants? Economic Utility
What is the optimal practice of aligning merchandising logistics technologies and all other functions fully in order to serve customers consistently well across all selling options? Omni Channel Retailing
What are banking institutions, hotels, and restaurants, skin care spas and pet care agencies? and Pure Services
what is a store that focus' on a few closely related categories of merchandise? Limited line Department stores
what stores carry both soft goods like apparel accessories and shoes and hard goods like home electronics and furniture? Full line department stores
what stores are retail companies that keep a large facility and carry broad assortments of goods organized by use function and brand? Department stores
What is the loss of sales from one retail sector to another caused by the introduction of competing products or services? Cannibalization
What are specialty discount stores that sell branded products at 20 to 60% less than traditional specialty or department stores? Off-price retailers
What are stores in which customers own a state to receive lower prices on merchandise and may participate in profit sharing? Consumer cooperatives
What perspective views the world as a whole? Geocentric perspective
What perspective views individual cultures or countries in a narrow focus and perpetuates the viewpoint of one’s own culture or country? Ethnocentric perspective
What is an economic indicator that measures changes in the cost of living due to inflation? Customer price index
What is a major geographic trading area that tends to have close political cultural or economic ties? Trading bloc
What is a restriction set by a government on the importation of goods? Trade Embargo
children of early baby boomers usually those born between 1965 in 1977? Generation X
those born between 1970 and 1992 who include contemporary young adults teens and older school-age children? Generation Y
What involves a retailer against a wholesaler or manufacture that also engages in retailing? Vertical competition
What involves retailer against retailer? Horizontal competition
What is the proportion of industry-wide product sales earned by one company? Market share
A list a company strengths weaknesses opportunities and threats and is used to determine future direction SWOT analysis
newly developed domestic Chinese companies Organic Farms
tax rates across several countries are brought into equilibrium Harmonization
the international entry tactic by which companies enter each country or market consecutively Sprinkler
Brazil Russia India and China BRIC