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
bezimeni [28]
2 years ago
11

What is the definition of convenience goods?

Business
2 answers:
lisov135 [29]2 years ago
5 0
A convenience good is a <span>consumer item that is widely available and purchased frequently with minimal effort. These items are readily available for people to purchase.</span>
Delicious77 [7]2 years ago
4 0
Convenience goods are goods that are usually widely-distributed, easily accessible, purchased frequently, and relatively inexpensive. They have a constant demand. These include things like soap, toothpaste, gum, and candy. A helpful way to remember this definition is that some of these goods are often found in convenience stores.
You might be interested in
You want a new cell phone. Which of these sources would be the most dependable?
ahrayia [7]
I would say that b is the best answer
3 0
3 years ago
Read 2 more answers
Data for March for Lazarus Corporation and its two major business segments, North and South, appear below: Sales revenues, North
JulijaS [17]

Answer:

Lazarus Corporation

A properly constructed segmented income statement in a contribution format would show that the net operating income of the company as a whole is:

= $47,000.

Explanation:

a) Data and Calculations:

                                       North        South            Total

Sales revenues          $380,000   $230,000   $610,000

Variable expenses       213,000       104,000      317,000

Contribution               $167,000    $126,000   $293,000

Fixed expenses:

  Traceable                   65,000       25,000        90,000

  Common                    84,000        72,000      156,000

  Total                       $149,000      $97,000   $246,000

Operating income      $18,000      $29,000     $47,000

b) Segmented income statement is prepared to show the contributions and operating income generated from different segments of the entity.  It helps to evaluate performances of segments and to identify profitable or less profitable segments.

7 0
2 years ago
2) You purchase one MBI July 125 call contract (equaling 100 shares) for a premium of $5. You hold the option until the expirati
PtichkaEL [24]

Answer:

D) $500 loss

Explanation:

The computation of the realized value on the investment is shown below:

= Number of shares × premium

= 100 shares × $5

= $500 loss

Since the call is for 125 shares for $125 and the selling price per share is $123  due to which the contract is not implemented. So the premium amount would be recorded as a loss of $500

8 0
3 years ago
From a strategic marketing viewpoint, a total product offer includes all of the tangible attributes of a good or service, and ex
Tasya [4]

Answer:

B. False

Explanation:

<em>Total Product offer </em>is every aspect of a product which the customer evaluates before buying.

From strategic marketing viewpoint, the customer may evaluate the product on both the tangible and intangible attributes.

An example of this is the iPhone by Apple. On tangible level, the product itself, the packaging and others are tangible attributes that a customer may evaluate. On intangible level, the brand name, perceived benefits, convenience, purchase services, and many other factors are part of the iPhone as the intangible attributes that the customer will evaluate.

As a marketer, one should think and talk in the language of customers- let it be from either tangible or intangible point of view.    

7 0
3 years ago
Sanjay is the manager at a restaurant and offers to promote Linda, a waitress at the same restaurant, in return for sexual favor
Tresset [83]

Answer:quid pro quo harassment

Explanation:It is sexual and involves exchanges in a workplace.

3 0
3 years ago
Other questions:
  • Alan runs a small manufacturing business. One day, a subordinate informed Alan about a problem in the production process because
    10·2 answers
  • Majer Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Standard
    6·1 answer
  • The new fund had average daily assets of $3.8 billion in the past year. The fund sold $416 million and purchased $516 million wo
    6·1 answer
  • If a fixed asset, such as a computer, were purchased on January 1st for $3,750 with an estimated life of 3 years and a salvage o
    6·1 answer
  • Sales taxes tend to be __________ because low income individuals tend to spend more of their income.
    9·1 answer
  • The price paid by buyers in a market will decrease if the government a. increases a binding price floor in that market. b. incre
    12·1 answer
  • Standard Product Cost, Direct Materials Variance
    11·1 answer
  • PLEASE HELP URGENT Use what you know from your reading and explain how the Scopes Trial was a reflection of the 1920s cultural c
    14·1 answer
  • During the past year, Stacy McGill planted a new vineyard on 150 acres of land that she leases for $30,000 a year. She has asked
    11·1 answer
  • Lynch Company manufactures and sells a single product. The following costs were incurred during the company's first year of oper
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!