1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
likoan [24]
1 year ago
12

When Carolina is in the grocery store buying milk for her children, she picks up a tube of toothpaste at the same time. The toot

hpaste, a relatively inexpensive item that merits little shopping effort, is called a(n) _______.
Business
1 answer:
yKpoI14uk [10]1 year ago
7 0

A relatively inexpensive item that merits little shopping effort, is called Convenience product.

<h3>What is the Product?</h3><h3></h3>

Product refers to the finished goods or the material that has been converted from the raw material to fulfill the needs of the customer. There are four types of product i.e. convenience goods, shopping goods, specialty products, and unsought goods.

Convenience product is that type of the product which can be purchased with the minimal efforts because it is cheap in value and can be purchased frequently.

In the above case, Carolina picks up the toothpaste which is the example of the Convenience product.

Learn more about Convenience product here:

brainly.com/question/7184191

#SPJ1

You might be interested in
What are the two main forces that underlie the globalization of markets and production?
blagie [28]
The two forces are:
1. Falling barriers to trade and investments: Many countries of the world now allow their countries to engage in trade with other countries, this has led to increase in globalization of markets and production.
2.Technological innovations: technology has made so many things possible in the business world today.The whole world has been linked up by internet and this makes it easier for a company to market its products to the whole world.
8 0
3 years ago
Identify the correct pricing strategy. Incorporating _______ pricing strategy drives customers to pay a higher price for a valua
harkovskaia [24]

Answer:

Premium, value

Explanation:

Premium Pricing Strategy: this a strategy used by companies to drive up the prices for their products. This strategy is used when customers can be convinced that a company will offer a higher value than its competitors.

For example, looking at the prices of a Rolls Royce Phantom and a Toyota, one costs $450,000 and the other costs $25,000, both will take you from your office to your house, but some customers will prefer to buy the Rolls Royce, this is because of the value the Rolls Royce offers.

Value: this is the worth or usefulness of something. Therefore, if a company can offer value for money, customers will be willing to pay.

8 0
3 years ago
There may be a maximum balance requirement for a savings account.<br> True<br> False
luda_lava [24]

Answer:

true

Explanation:

For example, if a bank account has a $100 minimum balance requirement, you want to make sure that you don't let your balance fall to $99.99 or less.

4 0
3 years ago
In China, state control of media is high, so companies are challenged to find ways to get their message to customers. This demon
Ivanshal [37]

This demonstrates a difficulty in crafting a global communication strategy.

The question says that the nation of China is very much controlling the media in the country. This has made it difficult for businesses to communicate with their users.

This here tells us about the issue of communication. The companies may have issues sending message across to all of its customers due to the media problem.

This problem may be more difficult in a case where the business is a foreign market.

Read more on brainly.com/question/15696678?referrer=searchResults

3 0
2 years ago
A(n) ________ makes values from a central database available for applications that support all of an organization's internal bus
Flauer [41]

A(n) enterprise resource planning system makes values from a central database available for applications that support all of an organization's internal business activities.

A form of software known as enterprise resource planning (ERP) is used by enterprises to manage routine business operations like accounting, purchasing, project management, risk management and compliance, and supply chain management.

Users can automate time-consuming everyday processes with the help of ERP packages like Epicor, Netsuite, and SYSPRO. You can spend more time on your people and your most urgent business demands by concentrating less of your time on repetitive tasks or running reports from many platforms.

Learn more about  enterprise resource planning (ERP) here

brainly.com/question/26598341

#SPJ4

8 0
2 years ago
Other questions:
  • What are the portfolio weights for a portfolio that has 138 shares of Stock A that sell for $48 per share and 118 shares of Stoc
    13·1 answer
  • The threat of substitutes is the most significant force in the _____ industry structure introductory decline growth mature
    11·1 answer
  • The fulfillment process is triggered when _______________ receives a purchase order.
    11·1 answer
  • Identify the helping​ verb: How many tacos will you​ eat?
    7·2 answers
  • A snack food company experimented with the frequency of its advertising by working with a local cable provider. On the north end
    5·1 answer
  • I need help no rush.
    8·2 answers
  • 4. The company receives money from customers. What are the elements involved in this transaction? Use the T-account rules to fin
    13·1 answer
  • Bill was 150 pounds overweight but his insurance premiums significantly dropped after he lost weight by going to a local health
    14·1 answer
  • Bob has a face-to-face interview tomorrow morning. he has done his research and knows a lot about the prospective employer. he w
    5·1 answer
  • Mary parker co. invested $15,000 in abc corporation and received common stock in exchange. mary parker co.'s journal entry to re
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!