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sergejj [24]
3 years ago
6

Joel wants to buy his best friend a home audio system for his birthday. He initially visits a few electronics stores to look at

different brands of audio systems and compare their prices. He decides to stay with a well-known brand of wireless Bluetooth home audio system because he doesn't want to accept a substitution. In the context of product classifications, Joel's purchase falls under the category of
Business
2 answers:
Usimov [2.4K]3 years ago
8 0

Answer:

Shopping products

Explanation:

This would be an example of shopping products. In this case, Joel wants to buy an audio system for his friend. However, he first needs to look at the different brands and types of systems, as well as compare their price. Shopping products are those that the customer carefully selects and reflects on. These are also products that are compared to others in terms of suitability, quality and price.

meriva3 years ago
5 0

Answer:

Shopping Products

Explanation:

To simply put, we can divide consumer products in convenience speciality, unsought and shopping products. Consumer buying behaviour is an important determinant to classify a particular product in the market. Marketers classify a product based on the behavioral differences of the consumers. Keep in mind that this classification is not based on product but on consumer behaviour.

Shopping Product can be defined as a consumer product that the consumer, in the process of selection and purchase, characteristically compares with others on such base as suitability, quality, price and style.

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Distinguish between planned economy and mixed economy?​
Anettt [7]

Answer:

CHECK THE EXPLANATION.

Explanation:

A planned economy is a type of economic system where investment, production and the allocation of capital goods takes place according to economy-wide economic plans and production plans. A planned economy may use centralized, decentralized, participatory or Soviet-type forms of economic planning whereas a mixed economy is an economy organized with some free market elements and some socialistic elements, which lies on a continuum somewhere between pure capitalism and pure socialism. ... Mixed economies socialize select industries that are deemed essential or that produce public goods.

4 0
2 years ago
Real GDP​ ______. A. accurately measures leisure time and life expectancy comma but does not accurately measure the general heal
professor190 [17]

Answer:

B

Explanation:

Real GDP measure total economic output by an economy in a specific geographical boundary regardless of ownership of factors of production, within a year, ceteris paribus.

Real GDP is a good indicator but is not a perfect indicator as underground economy (private tuition whereby taxes and consumption of goods and services) are not accounted for.

Real GDP does not measure Non-Material standard of living like leisure hours, health and life expectancy... It needs other indicators.

Both B and D is a bit effy as:

For D, GDP does not even measure such Non-Material SOL

For B, GDP is not 100 percent accurate on measuring household production (local production? I believe there is no such phrasing as household production as by economics, household is involved in household spending, Contributing to Consumption expenditure in Aggregate Demand.) as there are other factors like presence of underground economy that is not accounted for.

However, B seems like the most accurate ans as it still measures national output.

5 0
3 years ago
The _____ frame of an organization focuses on providing harmony between the needs of the organization and the needs of people.
earnstyle [38]

Answer:

The correct answer is: human resources.

Explanation:

The Human Resources (<em>HR</em>) department is in charge of recruiting and selecting new personnel with the characteristics and profile the organization is looking for. Besides, the HR role is to provide employees the sources necessary so they can perform their duties in a proper environment within the firm.

3 0
3 years ago
A provision stating that the insurer cannot dispute the validity of a policy after a specific period is called a(n) ______.
Mazyrski [523]

Incontestability clause - This tells us the insurance company may not contest the validity of the policy during the insured's lifetime for any reason, including fraud, if the policy has been in effect for a predetermined duration

What is incontestability clause?

An incontestability clause in a life insurance policy safeguards the policyholder and forbids the insurer from changing any aspect of the insurance coverage as a result of a misinterpretation or false statements made by the insured (the policyholder) after a certain amount of time. A life insurance policy's provider cannot revoke any statement after a specified period of time thanks to an incontestability provision. This provision is frequently regarded as offering policyholders the most robust defense.

Learn more about insurance here:

brainly.com/question/16267577

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8 0
2 years ago
Help pls need for a test!
Nookie1986 [14]

Answer:

TRUE

Explanation:

#carry on learning

6 0
2 years ago
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