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
Natalka [10]
2 years ago
8

What are the three basic categories of consumer goods? Briefly explain each and clearly differentiate among them.

Business
1 answer:
inysia [295]2 years ago
7 0

The three main types of consumer goods are:

  • durable goods
  • nondurable goods
  • services.

Marketing can be regarded as the activity as well as  set of institutions,  which helps in the establishment of  communicating between consumers and manufacturer.

The four basic ideas that combine to represent marketing are:

  • product
  • price
  • place
  • promotion

The  relationship between marketing and the economy is that  economy can  impact  marketers so as to push their products to consumers.

<h3>What  is  marketing?</h3>

Marketing can be regarded as the activity as well as  set of institutions,  which helps in the establishment of  communicating, as well as delivering of  value for customers.

Learn more about consumer goods  at:

brainly.com/question/380037

#SPJ1

You might be interested in
According to your text, selection methods should accurately predict how well individuals perform, and they should only be applic
zavuch27 [327]

Selection Funnel Process should be decided by the organisation to have good candidates that would help to Grow the business.

Explanation:

1. Positive Attitude -. The candidate should have a optimistic thinking towards every situation he/she faces.

2. Cooperative/Teamwork - The candidate should have the sportsman spirit to be able to work under or above as a team.

3. Creative -The candidate should have a create mind so as to innovate and give new ideas , suggestion that help the company to grow.

6 0
3 years ago
True or False: If Hubert's Fire Engines were a competitive firm instead and $100,000 were the market price for an engine, decrea
KatRina [158]

Answer:

False

Explanation:

In a perfectly competitive market the sales revenue is based on pricing also. As the pricing policy also plays an important role in the marketing technique to attract customers.

As the quality served is generally the same in the market, there is no issue in that but when the price is reduced expected sales will increase and accordingly the expected revenue also increases.

As the sales is expected to increase the revenue will also increase accordingly, even though the price is reduced, due to increase in sales quantity the expected change shall not be same as that of the change in price.

Thus, the statement is False.

5 0
3 years ago
The product is shown without a decimal point. Where should the decimal point be placed?
mojhsa [17]

Answer:

Answer:B Place the decimal point after 2

Explanation:

All you have to do is multiply 3.12 times 4

7 0
3 years ago
Which of the following is a mutually exclusive cost pool used in activity-based cost accounting? a. All of the answers are corre
VikaD [51]

Answer:

The correct answer is A: All of the answer are correct

Explanation:

ABC defines production as consisting of a variety of activities, and it assigns costs to those activities. An activity cost pool is an aggregate of all the costs associated with performing a particular business task, such as making a particular product. By pooling all costs incurred in a particular task, it is simpler to get an accurate estimate of the cost of that task.

Cost pool is created for those costs more closely aligned with the production of goods or services. It is very common to have separate cost pools for each product line. If production batches are of greatly varying lengths, then it has to consider creating cost pools at the batch level, so that it can adequately assign costs based on batch size.

To conclude, the creation of a cost pool and the subsequent assignment of costs will vary according to the length of production and the possibility to discriminate and assign costs.

4 0
3 years ago
The difference between scenario analysis and sensitivity analysis is that:__________
Sergeu [11.5K]

Answer:

C) scenario analysis considers the effect on NPV of changing multiple project parameters.

Explanation:

Scenario analysis is used to determine the effect on the end result if several parameters are changed . Sensitivity analysis on the other hand involves the effect on the end result due to change in one parameter. With regard to net present value, the scenario analysis on the project will based on effects of changing multiple parameters for example how NPV will change due to increase in price of the products sold, changes in inflation rate and changes in corporate taxes.

3 0
4 years ago
Other questions:
  • Who appoints the members of the given branch in the United States?
    10·2 answers
  • A small business owner visits his bank to ask for a loan. The owner states that she can repay a loan at $2,500 per month for the
    10·1 answer
  • • Explain the process of copying and pasting from one picture to another one.
    14·2 answers
  • In this type of control system, the master budget is based on a single prediction for sales volume, and the budgeted amount for
    7·1 answer
  • What is a credit line?
    5·2 answers
  • Music Masters sells a unique assortment of sheet music including just about any published music ever written before 1970. Its cu
    14·1 answer
  • Do average citizens benefit from the activities of the sba, or is the sba just another way to spend our tax money?
    5·1 answer
  • What is an example of a good stock to buy during economic expansion?
    15·1 answer
  • Francois deposits $350.00 in a savings account. The account pays an annual interest rate of 4.3%. He makes no other deposits or
    8·1 answer
  • Trickle irrigation can be used to reduce
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!