Page 718 - Introduction to Business

I-14 SUBJECT INDEX

Private brands, 312 Protection, 61 Regulatory risk, 482
Private carriers, 364 Protective packaging, 312–313 Reinforcement theory, 233–234, 242
Private pension plans, 507 Psychographics, 27 Reinforcers, 242
Private property, 10, 12–13 Psychological factors, of consumer markets, Reinvestment risk, 465
Private warehouses, 365–366 279–280 Relationship marketing, 292
Privatization, 18 Public accounting, 383 Relative advantage, 321
Procedural controls, 609 Publicity, 355–356 Reliability, 301, 581–582
Process, 566–567 Publicly held firms, 456 Remanufactured products, 564
Process improvement consultants, Public pension plans, 507 Remote connectivity, 427
584 Public relations, 355, 369 Renter’s insurance, 545
Process-oriented layout, 571 Public warehouses, 365–366 Replacement charts, 198
Product departmentalization, 174–175 Purchase with purchase, 347 Reporting currency (RC), 422
Product development Purchasing Reputation risk, 482
aspects of new products, 321–323 explanation of, 576 Required rate of return, 451
commercialization stage of, 324–325 outsourcing and, 576 Research and development (R&D), 321–322
concept testing stage of, 319–321 planning decisions and, 576–577 Research study design, 290–291
explanation of, 314–316 supplier selection and, 577 Reserve for losses, 511
idea generation for, 318–319 value analysis and, 576–577 Reserve requirements, 496
philosophy of, 316–318 Purchasing power parity (PPP), 33, 34 Responsibility, 176
screening stage of, 319 Pure competition, 14, 16 Responsiveness, of service, 582
steps in, 318–325 Pure Food and Drug Act, 287 Restricted stock payments, 107
testing stage of, 324 Résumés, 200
Product elimination programs, 327–329 Retailing
Production Quality careers in, 369–370
explanation of, 557 competitiveness and, 560 markup in, 333–335
rate of, 573–574 of conformance, 581 types of, 360–362
system, 605 control decisions related to, 581–583 wheel of, 360
Production information systems, 603 of design, 581 Retained earnings, 22, 452–453
Production systems explanation of, 581 Retirement planning
explanation of, 557–558 Quality control, 582–583 explanation of, 204, 545
historical background of, 561–563 Quality function deployment (QFD), 565–566 IRAs and 401(k) plans and, 546
in-control, 583 Quality managers, 584 social security and, 545–546
out-of-control, 583 Quantitative restrictions (QRs), 62–63. See wills and, 546
Productivity, 24 also Quotas Return on assets (ROA), 510
Product life cycle Quattro Pro, 532 Return on equity (ROE), 510
explanation of, 13, 309 Quicken, 532 Return on investments, 461–463
product elimination and, 327–329 Quotas, 62–63 Return on portfolio, 520
stages in, 325–327 Revenue, 21
Product mix Right-to-work laws, 212
elements of, 310–314 Rack jobbers, 359 Ring network, 599–600
explanation of, 309 Radio advertising, 344 Risk
management of existing products and, Railroad era, 6–7, 38 balancing returns and, 461
325–329 Rate of return capital, 511
new product development and, 314–325 explanation of, 448 control of business, 151–153
Product-oriented layout, 571–572 measurement of, 461–463 credit, 482, 511
Product quality, 311–313 required, 451 currency, 489
Products Real estate, 543–545 default, 447, 454–455, 540, 541
design of, 310, 311 Real estate investment trust (REIT), 540 explanation of, 4–5, 449
differentiation of, 15–16 Real GDP, 31, 32, 52 firm-specific, 465
in international markets, 314 Real GNI, 31 gap, 511
introduction of new, 309 Real GNP, 31 interest rate, 464–465
pricing for new, 330–331 (See also Pricing Real rate of interest, 446–447 investment, 539
mix) Recessions, 152, 501 liquidation, 482
width and depth dimensions of, 314 Record, 597 liquidity, 465
Profit margin, 411 Recruitment, 147–148, 199 managing investment, 465–468
Profits Recycling, 564 market, 464
ethics and, 23 Reference groups, 280 moral hazard, 484
explanation of, 4 References, job, 201 new product, 321
maximization of, 21–22 Regional integration operational, 482
Profit sharing plans, 203 Association of South East Asian Nations price, 482
Programmers, 609 and, 73–74 regulatory, 482
Programming, 605 European Union and, 69–71 reinvestment, 465
Programming language, 596 in Latin America, 74–75 reputation, 482
Project process, 566 North American Free Trade Agreement strategic, 482
Promotional packaging, 312–313 and, 72–73 systematic, 465
Promotion mix pros and cons of, 68–69 tax, 465
advertising and, 343–345 stages of, 67–68 total, 465
explanation of, 341–343 in triad economies, 75–76 Riskless rate of interest, 448
personal selling and, 350–354 Regular wholesalers, 359 Risk premium, 511
publicity and, 355–356 Regulation Risk profile, 76
sales promotion and, 345–349 affecting human resources management, Risk-return trade-off, 461
Property-casualty insurance companies, 507 217–218 Robinson-Patman Act, 287
Property insurance, 152, 536, 545 affecting marketing, 287–288 Robust designs, 565
Property rights, 12–13 of financial institutions, 483–485 Roth IRAs, 509
Prospecting, 351 Regulatory agency careers, 512 Rule Fair Disclosure (Rule FD), 111

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