Glossary-Branding

=Logos- A company or product identifier - for example, a representation of a company's initials or a drawing that is the exclusive property of that company. In publishing usage, a virtual equivalent to the trademark. [|PG graphics]=

=Market economy- An economy that relies on a system of interdependent market prices to allocate goods, services, and productive resources and to coordinate the diverse plans of consumers and producers, all of them pursuing their own self-interest.= =[|Econedlink]= = = =**Globalization-** Although there is no one precise definition, the term usually refers to the increased flow of trade, people, investment, technology, culture and ideas among countries.= =[|Econedlink]=

=Brand-A trade name used to identify a product produced by a particular company, distinguishing it from similar products produced by competitors.= =[|Econedlink]=

=Media-MEDIA (singular medium) are the print (newspaper, magazines, etc.) and electronic (radio and television) communication devices used for advertising.= = = =[|Definethat]=

= = =DEMAND-The quantity of a good or service that buyers are willing and able to buy at all possible prices during a period of time.= =[|Econedlink]=

=**Distribution**-The allocation or dividing up of the goods and services a society produces.= =[|Econedlink]=

=**Expenses**-Payments for goods and services.= =[|Econedlink]=

=**Exports**-Goods and services produced in one nation and sold in other nations.= =[|Econedlink]= = =