BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS POLICY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which is not a consumer product classification?
A
Convenience goods
B
Select goods
C
Unsought goods
D
Complementary goods
Explanation: 

Detailed explanation-1: -Answer: The correct option is (C) component goods.

Detailed explanation-2: -There are four types of products and each is classified based on consumer habits, price, and product characteristics: convenience goods, shopping goods, specialty products, and unsought goods.

Detailed explanation-3: -Consumer goods are divided into three categories: durable goods, nondurable goods, and services. Consumer durable goods have a significant life span, often three years or more (although some authorities classify goods with life spans of as little as one year as durable).

Detailed explanation-4: -Answer and Explanation: d. Dell desktop and HP laptop is not the example of the complementary goods.

There is 1 question to complete.