click below
click below
Normal Size Small Size show me how
The Consumer
Term | Definition |
---|---|
A consumer | Anyone who buys goods and services for their own use. |
Brand | Is the identity of a particular product. |
Symbol | Gives us added information about a product. |
Labelling | All pre-packed food must be clearly labelled |
Loss leaders | When shops offer some products at very low prices to entice the consumer to buy their more expensive products |
Receipt | Is a written acknowledgment that a specified article or payment has been received. A receipt records the sale of goods or provision of a service. |
Sale Of Goods And Supply Of Services Act 1980 | An act that protects the consumer if they purchased faulty goods or services. |
The Consumer Protection Act 2007 | An act which protects the consumer if they have been mislead |