Compared to the other classifications of consumer products, shopping products are which of the following?
a. usually less expensive than convenience products
b. purchased immediately after the consumer realizes he or she needs them
c. widely available so they need little or no promotion
d. usually more expensive than convenience products and are found in fewer stores
Ans: d. usually more expensive than convenience products and are found in fewer stores
Business
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A stream of equal cash payments made at equal time intervals is called a(n) ________
A) present value B) annuity C) compound interest D) future value
Business
A reduce-focus pricing strategy calls for price increases with the intent of reducing volumes and market share in exchange for higher margins
Indicate whether the statement is true or false
Business