This document defines key terms related to economics and business policies. It explains that policy is the strategy for selling products to consumers, who are people that buy goods and services. Advertising promotes products through media to increase sales percentages, which are the earnings made from consumers. Products are items or services made and sold, while supply and distribution transport goods between locations. Industries process raw materials and manufacture items in factories.
This document defines key terms related to economics and business policies. It explains that policy is the strategy for selling products to consumers, who are people that buy goods and services. Advertising promotes products through media to increase sales percentages, which are the earnings made from consumers. Products are items or services made and sold, while supply and distribution transport goods between locations. Industries process raw materials and manufacture items in factories.
This document defines key terms related to economics and business policies. It explains that policy is the strategy for selling products to consumers, who are people that buy goods and services. Advertising promotes products through media to increase sales percentages, which are the earnings made from consumers. Products are items or services made and sold, while supply and distribution transport goods between locations. Industries process raw materials and manufacture items in factories.
selling products. Consumer- Someone who buys goods or services.
Percentage – Earning of the
selleror producer to the Advertising - this is they consumers. way to promote thier product. that you can see on media. EKONOMIKS
Product - is the item offered for
sale. can be a service or an item. Supply - transporting the ... Every product is made at a supply or procudts from one cost and each is sold at a price. place to another.
Industry - Economic activity
concerned with the processing of raw materials and manufacture of Distribution - transporting the goods in factories. supply or procudts from one place to another.