Personal Finance 5.02 - Food Products

About this set

Created by:

karenmccann Plus on November 7, 2011

Subjects:

Business

Description:

Comparing consumer information for food products

Classes:

South Campus Personal Finance and Online Classes

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cuteme12345 : all 16 Terms.

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Personal Finance 5.02 - Food Products

statement of identity
The name of a food
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Terms

Definitions

statement of identity The name of a food
net weight / net volume The actual weight or volume of food, excluding the weight of the container
manufacturer The company that makes or produces the food product
packer The company that puts the food product into packages for retail selling
distributor The company that transfers the food product from manufacturer to seller
national brand A well-known, nationally advertised trade name of product
store brand A store name used as the trade name of a product; only sold in one chain of stores
generic brand A product that does not have a brand name
shelf tag A label attached to the front edge of a store shelf containing price information
UPC Universal Product Code; labeling containing price information read by scanning
unit price The cost per unit of measurement (ounce, pound, etc) of a product
open dating Labeling to show dates foods should be used for best quality, flavor, and appearance
sell by / pull date Last date a food product should be used
freshness date Last date you can expect highest quality of a food product
expiration date Last date a food product should be used
pack date Date a food product was processed or packaged

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cuteme12345