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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

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What is the difference between the personal contact model of communicating on the Web and the mass media approach?
stellarik [79]

Answer:

Social media relates to all the technology that makes information sharing possible via the Internet. It is largely based on subject matter that users create and share.

Explanation:

Mass media approach: One-to-many

Personal contact approach: one-to-one.

Difference: Sellers are involved in mass media; buyers exchange information passively. Seller and buyer are both active on PC.

It is also the primary communication means used to meet the vast majority of the population. Newspapers, journals, radio, TV and the internet are the most prominent mass media channels.

6 0
3 years ago
How much is round trip plane ticket cost from cleveland ohio to phoenix arozona
Marizza181 [45]
Depends on which airline you take
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6 0
2 years ago
Safeco’s current assets total to $20 million versus $10 million of current liabilities, while Risco’s current assets are $10 mil
dlinn [17]

Answer:

b. The transactions would lower Safeco's financial strength as measured by its current ratio but raise Risco's current ratio

Explanation:

The formula to compute the current ratio is shown below:

Current ratio = Total Current assets ÷ total current liabilities  

So,

For Safeco, the current ratio would be

= $20 million ÷ $10 million

= 2 times

And for Risco, the current ratio would be

= $10 million ÷ $20 million

= 0.5 times

After borrowing, the current ratio would be

The current assets and the current liabilities would be increased by $10 million in each side.

For Safeco, the current ratio would be

= $30 million ÷ $20 million

= 1.5 times

And for Risco, the current ratio would be

= $20 million ÷ $30 million

= 0.67 times

By comparing the current ratio, we get to know that The Safeco current ratio would be decreased whereas, the Risco current ratio is increased

Hence, option b is correct

4 0
3 years ago
Suppose you were hired as a consultant for a company that wants to penetrate the Comp-XM market. This company wants to pursue a
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Answer:

Chester Company is the strongest Competitor

Explanation:

Chester company has developed a strategy of cost cutting to survive best among its competitors. It has cut its routine expenses and has lowered its cost of goods manufactured which can lead to profit maximization. The company has lowered its selling price and customers are more attracted to it because of its cheap price among all other companies supplying same products

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3 years ago
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5 0
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