6-Economics-Microeconomics-Business-Department-Sales

sales

Business departments {sales department} can convince customers to buy {selling}. Ideally, selling involves honesty, fairness, genuine needs, high quality, functionality, simplicity, fair labor practices, and modest profit. Really, selling faces pressure to do the opposite.

window dressing

Store window displays {window dressing} can make good appearance.

6-Economics-Microeconomics-Business-Department-Sales-Charges

cost-plus

Price can reflect cost plus small percentage {cost-plus}|.

cover charge

Amount or percentage {cover charge}, for snacks or entertainment, can add to bill at bar or nightclub.

surcharge

Taxes or extra amounts {surcharge}| can add to cost, for extra service.

6-Economics-Microeconomics-Business-Department-Sales-Customers

carriage trade

wealthy customers {carriage trade}.

clientele

luxury-store customers {clientele}.

6-Economics-Microeconomics-Business-Department-Sales-Practices

discount

Deductions {discount} from regular prices can help sales.

hard sell

Selling or advertising can use product features and perceived need {hard sell}|, not sex, glamour, personality, or humor.

loss leader

Stores often use low-priced item {loss leader}| to get customers to come to the store, and hope they buy other things.

rebate

Returns {rebate} of part of payment can induce sales.

sharp practice

deceptive selling {sharp practice}.

shell game

switching situation or goal to deceive {shell game}.

skin game

cheating {skin game}.

soft sell

Selling or advertising can use sex, glamour, personality, or humor {soft sell}|, not product features and perceived need.

6-Economics-Microeconomics-Business-Department-Sales-Documents

bill of exchange

Orders {exchange bill} {bill of exchange}| can be to pay money to people.

bill of fare

menu {fare bill} {bill of fare}.

bill of lading

goods-received list {lading bill} {bill of lading}|.

bill of sale

Written statements {sale bill} {bill of sale}| can transfer property rights in exchange for money.

blue book

Books {blue book}| can list important people. Empty bound books are for examination answers.

chit

Notes {chit} list cost for food and drinks.

invoice

Lists {invoice}| can show delivered goods or services and their prices.

letter of credit

Bank documents {letter of credit}| {credit letter} can authorize loans up to stated amount.

rain check

Authorizations {rain check} can purchase something at later date at today's price.

voucher

Documents {voucher}| can pay for good or service, such as school tuition.

6-Economics-Microeconomics-Business-Department-Sales-Sale

sale

Stores often use low-priced loss leader to get customers to come to the store and hope that they buy other things {sale}.

clearance sale

sale {clearance sale} designed to reduce inventory.

rummage sale

used-item sale {rummage sale}.

white sale

linen sale {white sale}|.

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6-Economics-Microeconomics-Business-Department

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Date Modified: 2022.0225