The kind of goods that are purchased by customers after comparing the products on the basis of price, quality and sustainability are classified as ____________?

Related Mcqs:

1. The kind of convenience goods that are purchased by consumers on regular basis are classified as __________?

   A. homogeneous goods B. emergency goods C. impulse goods D. staples...

2. The products that customers buy after comparing suitability of products are classified as?

   A. non-shopping products B. shopping products C. specialty products D. unsought products...

3. The kind of convenience goods that are purchased by consumers for an urgent need are classified as __________?

   A. homogeneous goods B. emergency goods C. impulse goods D. staples...

4. The kind of convenience goods that are purchased by consumers without any searching effort are classified as _________?

   A. impulse goods B. staples C. homogeneous goods D. emergency goods...

5. The shopping goods that are similar in quality and have different prices to justify the comparisons of shopping goods are classified as ____________?

   A. homogeneous shopping goods B. heterogeneous shopping goods C. impulse shopping goods D. emergency shopping goods...

6. The process of comparing own products or services to leading firms practices to improve performance and quality is called?

   A. strategic analysis B. corporate image analysis C. benchmarking D. customer value analysis...

7. The products that customers buy after careful comparison on price and quality are called?

   A. specialty products B. less specialty products C. shopping products D. unsought products...

8. The price increasing technique in which customers are asked to pay today’s price as well as inflation increased before delivery of goods is classified as ___________?

   A. escalator clauses B. reduction of discounts C. unbundling D. delayed quotation pricing...

9. The shopping goods that differs on the basis of services and features rather than price are classified as __________?

   A. emergency shopping goods B. homogeneous shopping goods C. heterogeneous shopping goods D. impulse shopping goods...

10. The price discrimination in which seller charges different prices to different customers on the basis of their demand is classified as __________?

    A. second-degree price discrimination B. first-degree price discrimination C. third-degree discrimination D. fourth-degree discrimination...