The two types of shopping products are homogenous and heterogenous products. Hence the correct answer choice is option (d).
<h3>Enlist the features of a homogenous product.</h3>
Following are the features of a homogenous product :
- Market Structure: A crucial characteristic of a perfectly competitive market is homogeneous products. A market structure known as perfect competition is one that has numerous customers and sellers, homogeneous products, and no entry obstacles. Theoretically, homogeneous commodities cannot be distinguished from one another in a market with perfect competition.
- Price Determination -A homogenous product's pricing is the deciding factor in which one product should be chosen over another. When a customer is in front of a shelf filled with similar goods, they are searching for the one with the best deal.
- Consumer Loyalty: Referring to customers that favour a product brand, marketing strategy, or the company's ideals, consumer loyalty is important for products that are not uniform in nature. When a product, like laundry detergent or dish soap, is a recurring necessity, consumer loyalty may apply to homogeneous commodities. A consumer will frequently remain loyal to a homogeneous product in the future if they originally buy it based solely on pricing and are happy with it.
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The complete question is mentioned below :
The two types of shopping products are:
a. unsought and convenience.
b. generic and family.
c. exclusive and intensive.
d. heterogeneous and homogeneous.
e. consumer and business.
Answer: their gross income
Explanation:
Since Mohammad and Fatima have to total the income they earned in the past year and include all of their investment dividends and any income they earned from their jobs. This is their gross income.
Gross income for an individual is made up of the income that is gotten from wages and salary and other ways the individual makes income like dividends, interest, pensions, and rental income.
Answer:
$4,850
Explanation:
If the total invoice price is $5,000 and the company pays within the discount period, then the net price = $5,000 x (1 - 3%) = $4,850
the journal entries should be as follows:
Day 1, merchandise is purchased with 3/10, n/30 terms:
Dr Merchandise inventory 5,000
Cr Accounts payable 5,000
Day 10, the invoice is paid:
Dr Accounts payable 5,000
Cr Cash 4,850
Cr Purchase discounts 150
Answer:
d. Procurement management
Explanation:
There are ten knowledge areas that are defined in the Management Body of Knowledge, they are project integration management, scope management, cost management, communications management, procurement management, quality management, risk management, cost management, resources management, and stakeholder management. All these processes are involved when managing a typical project.
Project procurement management deals with the outsourcing and purchase of materials, services or results from outside the team managing the project. It could be in the form of hiring subcontractors to execute a particular job. Outside vendors and suppliers are liaised with to procure materials or goods needed for the completion of a project.
Answer:
The answer is C
Explanation:
If you stand over a student they will become stressed and not want to answer anything. If they grade eachothers papers then could get bad grades or extremely good grades based on the other student feels about them.