2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which from following is not a characteristic of an FMCG company?
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Impulse Buying Customers
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High Volume & low margins
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Longer Shelf Life
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Huge Distribution Network
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Explanation:
Detailed explanation-1: -Understanding Fast-Moving Consumer Goods (FMCG) Durable goods have a shelf life of three years or more while nondurable goods have a shelf life of less than one year.
Detailed explanation-2: -Fast moving consumer goods (FMCG) is the fourth-largest sector in the Indian economy. There are three main segments in the sector-food and beverages, which accounts for 19% of the sector; healthcare, which accounts for 31% of the share; and household and personal care, which accounts for the remaining 50% share.
There is 1 question to complete.