trade practices

How industries operate

The methods and customs businesses use in conducting commerce.

Trade practices include how companies advertise, price goods, deal with competitors, and treat customers.

The term often appears in legal contexts concerning fair or unfair conduct: The commission investigates deceptive trade practices.

Unfair trade practices might include false advertising, price fixing, or bait-and-switch schemes.

Opposites
economic actor orientation

trade practicesconsumer behavior

Patterns in purchasing choices

consumption patterns · consumer preferences · purchasing habits · household spending

ethical compliance

trade practicesfair trade practices

Equitable business conduct standards

predatory pricing · deceptive practices · market manipulation · price fixing · false advertising

economic system

trade practicessubsistence economy

System without market surplus

gift economy · barter system · self-sufficiency · autarky · domestic production

Family

trade, practices

Familiarity
Top 50,000
Profile
Used worldwide · Timeless · Abstract · Rated G