What do MRO products and consumer convenience products have in common? How do they differ?

What will be an ideal response?


MRO products are purchased for use in maintaining, repairing, or operating a business, while convenience products are purchased by final consumers for personal consumption. Both types of products are usually purchased frequently and are kept as affordable as possible.

Business

You might also like to view...

The Dividend account is known as which of the following?

a. Nominal account b. Closing account c. Real account d. both b and c

Business

Strategic and tactical decisions in a customer-oriented organization should be made:

A) cross-functionally and cross-divisionally. B) by the marketing department. C) by the services department. D) by the customer relations department.

Business

The intermediary in a smurf attack is also a victim

Indicate whether the statement is true or false

Business

The level scheduling strategy allows lower inventories than the pure chase strategy

Indicate whether the statement is true or false

Business