RESEARCH METHODOLOGY

RESEARCH ETHICS

COMMERCIALIZATION

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Products made for personal use
A
consumer goods
B
installment buying
C
mechanization
D
urbanization
E
renaissance
Explanation: 

Detailed explanation-1: -What Are Consumer Goods? Consumer goods are products bought for consumption by the average consumer. Also called final goods, consumer goods are the end result of production and manufacturing. Clothing, food products, and dishwashers are examples of common consumer goods.

Detailed explanation-2: -An individual who buys goods for personal use and not for resale is called as consumer. A consumer is a person who buys services or products for personal use and not for resale.

Detailed explanation-3: -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.

There is 1 question to complete.