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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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Successful business strategies generate value. Creating value lays the foundation for the important benefits that economies can
olya-2409 [2.1K]

The main thing which superior performance allows a firm to do is:

  • reinvest some of its profits in gaining more resources and thus grow.

<h3>What is Business Strategy?</h3>

This refers to the creation and maintenance of competitive advantage of a particular market against other competitors which gives a particular business an edge in the market.

With this n mind, we are told that successful business strategies generate value and then if they are able to leverage on this, then they can reinvest the profits.

Read more about business strategies here:
brainly.com/question/25686320

6 0
2 years ago
Requirement 1. Identify each account as an asset​ (A), liability​ (L), or equity​ (E). Asset (A), Liability (L), or Equity (E)?
motikmotik

Answer:

a. Interest Revenue

Identification: Asset

Increases with: Debit

Normal Balance: Debit

b. Accounts Payable

Identification: Liability

Increases with: Credit

Normal Balance: Credit

c. Calhoun, Capital

Identification: Equity

Increases with: Credit

Normal Balance: Credit

d. Office Supplies

Identification: Asset

Increases with: Debit

Normal Balance: Debit

e. Advertising Expense

Identification: Liability

Increases with: Credit

Normal Balance: Credit

f. Unearned Revenue

Identification: Liability

Increases with: Credit

Normal Balance: Credit

g. Prepaid Rent

Identification: Asset

Increases with: Debit

Normal Balance: Debit

h. Utilities Expense

Identification: Liability

Increases with: Credit

Normal Balance: Credit

i. Calhoun, Withdrawals

Identification: Equity

Increases with: Debit

Normal Balance: Debit

j. Service Revenue

Identification: Asset

Increases with: Debit

Normal Balance: Debit

5 0
3 years ago
Increased government spending for investments such as highways or harbors financed by increasing the public debt would most like
zavuch27 [327]

Answer:

Complement private investment

Explanation:

7 0
3 years ago
Charleston Clothing purchased​ land, paying $ 110,000 cash and signing a $ 280,000 note payable. In​ addition, Charleston paid d
Reil [10]

Answer:

Dr Land 397,950

    Cr Cash 117,950

    Cr Notes payable 280,000

Explanation:

Certain ordinary and necessary costs can be included in the purchase cost of land:

  • cost of the land
  • title fees
  • applicable taxes
  • legal fees
  • broker fees
  • survey costs
  • leveling costs
  • zoning fees
  • etc.

In this case, the total purchase cost of the land = $110,000 + $280,000 + $1,400 + $650 + $5,900 = $397,950

3 0
3 years ago
why might alexandria choose a local movie theater when she could see the same movies for less at a corporate establishment
kenny6666 [7]

It can be inferred that Alexandria may exhibit the above traits because of her philosophy of always helping local businesses. This may come from the understanding that local businesses support and create more employment.

<h3>Why is employment important?</h3>

Employment is critical because it ensures that aggregate demand is constantly growing.

Without aggregate demand, there won't be supply and the economy collapses.

Learn more about employment at;
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5 0
2 years ago
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