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Economics

basics of economics

Contributors in Economics

Economics

Category manager

Economy; Economics

An individual responsible for the marketing strategies of all the brands in a product line; also referred to as a Product Line Manager.

Causal research

Economy; Economics

Marketing research which examines the cause-and-effect relationship among variables.

Horizontal marketing management

Economy; Economics

The organisation of marketing activities by independent firms on the same level in a marketing channel so that they work closely together in buying, promotion, etc. to achieve economies of scale.

Horizontal co-operative advertising

Economy; Economics

Shared advertising by two or more members at the same level of a distribution channel, each paying part of the total cost.

Horizontal price fixing

Economy; Economics

The practice, usually unlawful, of sellers of different brands of the same product making agreements to charge the same price to consumers.

Homogeneous shopping goods

Economy; Economics

Shopping goods perceived by consumers to be essentially the same in quality and attributes; price is consequently the deciding factor.

Hypermarket

Economy; Economics

A giant, one-stop shopping facility offering a wide choice of grocery and general merchandise at discount prices; sometimes called a Hypermarche.

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