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BUSINESS GLOSSARY 8

AB
CONSUMER GOODS AND SERVICES:Products produced for personal consumption.
CONTINGENCY PLAN:The specific guidelines that are used when responding to undesirable circumstances, an alternative course of action.
CONVENIENCE GOODS:Consumer goods purchased quickly and without much thought or effort
CONTRACT:A legally binding agreement between two parties
CONTRADICTORY:Not in line with; against
CONVERSION PROCESS:The process of turning economic resources into products.
CO-OP:Paid work experiences planned and managed by a coordinating teacher that expose individuals to a variety of job responsibilities.
CONTINUOUS IMPROVEMENT:A business strategy in which an organization continuously evaluates its business processes to make them more effective and efficient


Business Marketing Teacher, Career Technical Education
CENTRAL CABARRUS HIGH SCHOOL
Concord, NC

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