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Term of the day midterm
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Asset
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things of value owned by a business
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TheBusinessTeacher
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Terms in this set (26)
Asset
things of value owned by a business
Branding:
a basic decision in marketing products in which an organization uses a name, phrase, design, symbol, or a combination of these to identify its products and distinguish them from those of competitors
Business Cycles:
periods of expansion and contraction in economic activities
Buying Process:
a series of sequential steps taken by industrial or retail buying personnel to purchase goods or services
Channels of Distribution:
paths that goods and services take from the producer to the ultimate consumer or industrial user