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.
- level playing fieldEqual competitive conditions
- contract negotiationDiscussing terms before signing
- anti-corruptionOpposing abuse of office
- labor standardsRules protecting workers' conditions
- complianceAdhering to requirements
pricing strategies · procurement · antitrust laws · transparency · consumer protection · buyer beware · logistics · customer service · warranties · advertising · inventory management · supply chain management · fairness · corporate governance · pricing · deceptive advertising · dispute resolution · import
- business termsfranchising, revenue stream, board meeting, gross margin, markdown
- consumer rightsrefund, warranty, repair, returns, replacement
- trade lawcommercial law, customs regulations, commercial code, customs law, customs duties
- trade regulationantitrust, fair competition, monopoly, monopolies, mergers
- advertisingad, ads, ad campaign, ad campaigns, advertising campaign
- Business Competitionfair competition, price fixing, antitrust, monopoly, cartel
trade practicesconsumer behavior
Patterns in purchasing choices
consumption patterns · consumer preferences · purchasing habits · household spending
trade practicesfair trade practices
Equitable business conduct standards
predatory pricing · deceptive practices · market manipulation · price fixing · false advertising
trade practicessubsistence economy
System without market surplus
gift economy · barter system · self-sufficiency · autarky · domestic production