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EC902 - 2

AB
Industrial goods and servicesProducts purchased by producers for resale, to make other goods and services, and/or to use in business operations
Market researchThe systematic gathering, recording, and analyzing of data about a specific issue, situation, or concern that affects a market
InstallationsHigh-cost, long-lasting industrial goods that are used to produce other goods and services
Noneconomic wantA desire for something that can be satisfied without spending money
MaterialsIndustrial goods that become part of a finished product after they have been processed
PartsIndustrial goods that become part of a finished product without any additional processing
ProducersThe people who make or provide goods and services
Impulse itemAny item purchased as a result of an on the spot decision to buy


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

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