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Shtirlitz [24]
3 years ago
15

Products such as insurance, cemetery plots, and smoke detectors are examples of ________ goods that are products that the consum

er does not know about or does not normally think of buying.
Business
2 answers:
natka813 [3]3 years ago
8 0

<u>Full question: </u>

Products such as insurance, cemetery plots, and smoke detectors are examples of ________ that are products that the consumer does not know about or does not normally think of buying.

A) specialty goods

B) unsought goods

C) heterogeneous shopping goods

D) homogeneous shopping goods

E) convenience goods

<u>Answer:</u>

Products such as insurance, cemetery plots, and smoke detectors are examples of unsought goods that are products that the consumer does not know about or does not normally think of buying.

<u>Explanation:</u>

An unsought product is a product of which customers are uninformed or are not that involved in actively seeking the purchase. A high stage of buying, including massive publicity and competitive sales procedures, is frequently required due to customer unawareness of the commodity or no original wish to acquire it.

Another severe interference with an unsought product is that there is frequently no quick actual benefit concerned at marketing, and so, no excuse to obtain the purchase. Unsought product marketing and trading is a very tough task for yielders and retailers.

olya-2409 [2.1K]3 years ago
7 0

Products such as insurance, cemetery plots, and smoke detectors are examples of <u>unsought</u> goods that are products that the consumer does not know about or does not normally think of buying.

<u>Explanation:</u>

Unsought Goods are the goods that the customer doesn't think about or doesn't ordinarily consider purchasing, and the acquisition of which emerges because of peril or the dread of threat and absence of want.

The great instances of known however unsought merchandise are memorial service administrations, reference books, fire quenchers and reference books.

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A weaker dollar benefits_______and hurts______.
oksian1 [2.3K]

Answer:

C. American businesses; American consumers.

Explanation:

Currently so many businesses of America are overseas, approximately 40%.

Now when the dollar turns weak these businesses are benefited in a manner that is the buyers needs to pay more for such deals.

Further with this as the buyers needs to pay more, even in the country the imported goods turns expensive as dollars decrease their value.

Accordingly, it is the american business man who gets benefited with weaker dollar, and the american consumer has to pay more for this.

4 0
3 years ago
Alvin's Transport has total credit sales for the year of $182,000 and estimates that 3% of its credit sales will be uncollectibl
goldfiish [28.3K]

Answer:

S/n      Account Title and Explanation      Debit     Credit

a.         Bad Debt Expense                         $5,460

            ($182,000 sales x 3%)

                   Allowance for Doubtful Accounts       $5,460

           (To record bad debt expense)

b.        Bad Debt Expense                         $5,460

            ($182,000 sales x 3%)

                   Allowance for Doubtful Accounts       $5,460

           (To record bad debt expense)

4 0
3 years ago
Campbell's soup offers a temporary price reduction to all grocery stores on the West Coast during the weeks of June 15th to July
insens350 [35]

Answer:

Off - invoice allowance

Explanation:

Off - invoice allowance

It is type of allowance that offer retailer to market quantities of item for a particular period of time. The main purpose of this bills is to cope up with competition and to advertise new product in the market.

It is a reduction in price made by manufacturer to retailer so to promote their product in a faster way.

4 0
4 years ago
Which strategy is an example of how companies may upgrade themselves to meet changing customer preferences?
never [62]

The best example of how companies are upgrading themselves to meet changing customer preferences is personified in option (C) making online shopping services available.

Since customers nowadays prefer to shop online more often than not, many companies are now providing online marketplaces in combination with their traditional brick and mortar stores. Some companies do not even have a pop up store – they purely do their transactions online.

8 0
3 years ago
The following information is available to reconcile Branch Company’s book balance of cash with its bank statement cash balance a
Rasek [7]

Answer:

<u>Bank Reconciliation Statement as of July 31, 2017</u>

Balance at Bank as per cash book (up to date)     $35,480

Add Unpresented Cheques :            

No. 3031                                                                      $1,570

No. 3065                                                                        $561

No. 3069                                                                     $2,338

Less Lodgements not yet credited                          ($10,132)

Balance as per Bank Statement                               $29,817

Explanation:

Step 1 Bring the Cash Book (Bank Balance ) up to date

Debit :

Balance as at July 31                                             $25,699

Note Payable                                                           $9,000

Evan Shaw                                                                   $805

Totals                                                                      $35,504

Credit:

Check No. 3056 Understated                                     $10

Bank service charge                                                     $14

Balance (Up to date)                                             $35,480

Totals                                                                      $35,504

Step 2 Prepare a  bank reconciliation for this company

<u>Bank Reconciliation Statement as of July 31, 2017</u>

Balance at Bank as per cash book (up to date)     $35,480

Add Unpresented Cheques :            

No. 3031                                                                      $1,570

No. 3065                                                                        $561

No. 3069                                                                     $2,338

Less Lodgements not yet credited                          ($10,132)

Balance as per Bank Statement                               $29,817

4 0
4 years ago
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