1
Competition based on factors that are not related to price.
2
Competition between two or more retailers that employ different types of business formats to sell the same type of goods.
3
The price at which merchandise ultimately sells after all markups and/or markdowns are taken.
4
Competition between two or more retailers that utilize the same type of business format.
5
Competition focused on the selling price of a product
6
A set reduction in retail price given to employees at the time of a sales transaction.
7
A rivalry between two or more businesses to gain as much of the total market sales or customer acceptance as possible.
8
The price the customer pays for the merchandise.
9
Sales revenue minus cost of merchandise sold.
10
The revenue generated from sales minus sales returns and allowances.
11
Gross profit minus total operating expenses.
12
The result of multiplying the number of units by the cost per unit.
13
The revenue generated from sales minus sales returns and allowances.
14
An amount added to the cost of goods to reach a selling price.
15
The amount a retailer pays the supplier for an item for resale.
