20 to understand supply and demand terms and to learn new vocabulary terms
Hello good afternoon my name is Luisa Canchón today I will present my glossary in this are words related to a reading that talks about supply and demand this reflects the relationship between the demand for a product and the amount offered of that product taking into account the price at which the product is sold. The glossary will be constituted with 20 words minimum and many more as maximum are words that I do not know from a reading sent by the teacher the definitions of the words mostly I looked for them in internet and it was to learn new vocabulary this evidence will be sent to the instructor Leonardo Santos.
• Advertising
transitive verb
Dissemination or dissemination of information, ideas or opinions of a political, religious, commercial, etc., with the intention that someone acts in a certain way, think according to ideas or not be a specific product.
Example: Spotify: offering a different user experience
es: Publicidad
• Application
noun
In computer science, an application in a computer program designed as a tool to allow a user to perform one or several types of tasks.
Example: His parole application is up for review next week.
es: Aplicacion
• Brand
noun
Is a primary trademark and the set of identifiers with which it relates and offers a product or service in the market.
Example: Apple is one of the most successful brands of our generation.
es: Marca
• Business
noun
Occupation, activity or work that is done to obtain a profit, especially the one that consists in carrying out commercial operations, buying and selling products or services.
Example: Caleb Wojcik runs a successful video production business.
es: Negocios
• Client
noun
Is the person or company receiving a good, service, product or idea, a change of money or other item of value.
Example: of a client is a student being tutored at a college writing center.
es: Cliente
• Company
noun
Entity in which capital and labor are involved as factors of production of industrial or commercial activities or for the provision of services.
Example: Employees of Twitter can’t stop raving about the company’s culture.
es: Empresa
• Demand
verb
Total amount of goods and services that can be acquired at different market prices per consumer or more.
Example: If movie ticket prices declined to $3 each, for example, demand for movies would likely rise. As long as the utility from going to the movies exceeds the $3 price, demand will rise.
es: Demanda
• Goods
noun
Material or immaterial things that, from a legal point of view, are objects of law, in the same way that, from an economic perspective, they are limited and, consequently, have a value that can be defined in the monetary terms.
Example: Goods are material items that you can buy.
es: Bienes -Productos
• Market
transitive verb
Theoretical place where the supply and demand of products and services are located and the prices are determined.
Example: Markets can be physical like a retail outlet, or virtual like an e-retailer.
es: Mercado
• Marketing
noun
Is the social and administrative process for which groups and individuals meet their needs when creating and exchanging goods and services
Example: of marketing at work include television commercials, billboards on the side of the road, and magazine advertisements.
es: Comercializacion
• Packaging
noun
Material that encloses an article with or without packaging, in order to preserve it and facilitate its delivery to the consumer.
Example: Cardboard is a paper-based material that is lightweight yet strong. It can be easily cut and manipulated to create customized shapes and structures. These characteristics make it ideal for use in customized packaging.
es: Envases-Embalaje
• Price
noun-transitive verb
Amount of money that allows the acquisition or use of a good or service.
Example: a price is $1 for three cookies. The amount as of money or goods, asked for or given in exchange for something else.
es: Precio
• Product
noun
Eligible, viable and repeatable option that the offer makes available to the demand, to satisfy a need or meet a desire through its use or consumption.
Example: A product can be physical or virtual. Physical products include durable goods (such as cars, furniture, and computers) and nondurable goods (such as food and beverages). Virtual products are offerings of services or experiences (such as education and software
es: Producto
• Promotion
noun
Advertising campaign that is made of a specific product or service for a limited time through an attractive offer.
Example: Successful companies know that sales promotions are among the most effective methods to increase sales, increase customer satisfaction and increase brand awareness.
es: Promocion
• Research
noun
Research is an activity aimed at obtaining new knowledge and its application for solving problems or questions.
Example: According to Earl Robert Babbie, "research is a systematic inquiry to describe, explain, predict, and control observed phenomena.
es: Investigar
• Rivalry
noun
Market structure in which there are enough bidders and claimants not to influence the price.
Example: Coca-Cola vs. Pepsi
es: Rivalidad
• Sales
noun
It is a consensual, bilateral, onerous and typical contract in which anything of the parties (seller) is obliged to give something in favor of the other (buyer) a change of a price in money.
Example: Strategic use of sales promotions helps support a variety of business interests and keeps your existing audience engaged with your offerings.
es: Ventas
• Service
noun
A service in a set of activities that seek to satisfy the needs of a client.
Example: The meat is the product you pay for and the cutting is the service you pay for.
es: Servicio
• Supply
noun
Quantity of goods or services that producers are willing to sell to consumers under market conditions.
Example: Supply refers to the quantity of goods that are available
es: Oferta
• Technology
noun
A set of instruments, technical resources or procedures used in a specific field or sector.
Example: Digital technology has radically transformed almost every aspect of human life in recent years, including communications, the workplace, entertainment, travel, banking and shopping.
