20 20 Terms referring to supply and demand terms terms
This glossary is produced in order to further explore terms related to supply and demand.
brands
A type of product manufactured by a particular company under a particular name.
Example: Learning that culture has a significant influence on business strategy, BRANDS, and marketing activities is to me, stimulating.
es: Marcas
business
A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities.
Example: SWOT stands for the Strengths, Weaknesses, Opportunities and Threats of a BUSINESS and it is a valuable method of identifying the key areas of BUSINESS that need to be improved.
es: Negocio - Empresa
Customer
A person who buys goods or services from a shop or business.
Example: This means that additional labour is required for tasks such as when the Christmas shop opens, for loading Christmas trees into CUSTOMER's cars and for the felling of the trees.
es: Cliente
Develop
Carry out an idea, a project, etc., that takes a certain amount of time.
Example: There would also need to be thorough research into the effects and organisms of the different strains of the disease in order to DEVELOP an appropriate vaccine.
es: Desarrollar
Distribution
The action of sharing something out among a number of recipients.
Example: Marketing based: Organised online order system through Tesco.com Corporate social responsibility by reducing emissions from our transport DISTRIBUTION and refrigerant used.
es: Distribución
High price
Costing a great deal; expensive.
Example: Foreign investors, especially those from advanced economies, are quite willing to pay the HIGH PRICE for the highly trained and appropriately skilled workforce, as long as the perceived return can make adequate compensation for that cost.
es: Precio alto
Luxurious
Extremely comfortable or elegant, especially when involving great expense.
Example: Economically, the Industrial Revolution was unforeseeable and there were several reasons for this set out by Van Zanden: firstly, 'the stagnation of living standards limited growth on demand, especially for relative LUXURIOUS products'.
es: Lujoso
Market
A regular gathering of people for the purchase and sale of provisions, livestock, and other commodities.
Example: Focus - The farm is producing goods to the higher quality end of the MARKET and also should it be suitable to be farmed organically, it will then be able to focus on the organic MARKET, making it more specialised.
es: Mercado
Marketing
Set of techniques and studies that aim to improve the commercialization of a product.
Example: Functional Level Strategy Formulation MARKETING - The farm will need to advertise the newly renovated stables in suitable locations e.g. tack shop, feed merchant.
es: Comercialización
Materials
The matter from which a thing is or can be made.
Example: Any sources of basic material from which Forest Reproductive MATERIALS are collected and supplied by any owner is approved and identified by the National Register (table.1). 1.2) Seed extraction and nursery systems The collected Forest Reproductive MATERIALS are treated by Forestry Enterprise, or Plant and Sees Supply Branch to be supplied in the market.
es: Material
Needs
Something that you must or should have, or the lack of this.
Example: For the type of products being sold by last minute dot com a key issue for them is timing as advertisements on the website change during the day to reflect consumer NEEDS and product deadlines.
es: Necesidad
Packaging
Materials used to wrap or protect goods.
Example: PACKAGING aesthetic, a cheery color with a tersely shape, is practicality favored by Chinese.
es: Embalaje
Price
The amount of money expected, required, or given in payment for something.
Example: This has been proven in the dairy industry where so many farmers have been forced to join the scheme by milk processors all milk is made to assured standard meaning it is no longer a defecated premium product that can demand a higher PRICE.
es: Precio
Product
An article or substance that is manufactured or refined for sale.
Example: Is the PRODUCT in an area in which the target market have easy access to the PRODUCT.
es: Producto
Research
The systematic investigation into and study of materials and sources in order to establish facts and reach new conclusions.
Example: Limitations: There will always be limitations within market RESEARCH analysis unless the entire market is questioned which is impractical to say the least.
es: Investigar
Segment
Each of the parts into which something is or may be divided.
Example: Figure 4 shows 4 brands are in growth SEGMENTs but range from strong to weak positions. SULI sits favourably in an ageing SEGMENT.
es: Segmento
Sell
Give or hand over (something) in exchange for money.
Example: This could be due to less internet access and the difference in markets in which urban and rural businesses operate, many urban businesses SELL direct to consumers and therefore a website is beneficial in marketing, fewer rural businesses operate in this way.
es: Vender
Sold
Give or hand over (something) in exchange for money.
Example: We have to collect information on the amount of different types of food SOLD at different prices (e.g. before and after sale) before we calculate the elasticity.
es: Vendido
Strategy
A plan of action designed to achieve a long-term or overall aim.
Example: According to Thompson and Strickland (2003), the term strategic management refers to the managerial process of forming a strategic vision, setting objectives, crafting a STRATEGY, implementing and executing the STRATEGY, and then over time initiating whatever corrective adjustments in the vision, objectives, STRATEGY, and execution are deemed appropriate.
es: Estrategia
Technologies
The application of scientific knowledge for practical purposes, especially in industry.
Example: The theories themselves (and the archaeologists don't forget) as well as the unique and particular approach they adopt or undertake is very often influenced by current political trends and 'fashion' or even new TECHNOLOGIES and associated ways of thinking.
