Exploring Personal Finance and Hospitality

What is your First and Last Name?

Things that are required in order to live (water, shelter, air). (a)  

• Needs
• physical needs
• self-actualization needs
• flexible expenses

Things you desire but do not need to live (cell phone, cable, computer).

• Needs
• Wants
• Car
• Money

The amount of income you take home after deductions.

• Gross Income
• Net Income
• Income
• Wages

To purchase items on the spur of the moment.

• fixed expenses
• Consumer
• information ads
• impulse buying

Slogans, Cartoons, Jingles, Endorsements

• Advertising Techniques
• Consumer
• impulse buying
• Maslow's Hierarchy of Needs

To connect a product or service to a lifestyle that consumers would like to have and often use celebrities to endorse a product.

• trend
• Net Income
• values
• image ads

To send the message that an item is a good buy for the price or because of its quality.

• Needs
• Wants
• self-actualization needs
• information ads

A message that persuades consumers to buy a product or services.

• Advertisement
• image ads
• unit pricing
• income

A person who purchases goods and services for personal use.

• department store
• income
• Consumer
• Outlet stores/factory outlets