Specialty products are consumer products that
A. very few customers want or can afford to buy.
B. consumers are willing to search for because they really want them.
C. have elastic demand.
D. are relatively expensive and purchased only rarely.
E. All these answers are correct.
Answer: B
You might also like to view...
Pacius Corporation is conducting a time-driven activity-based costing study in its Customer Service Department. The company has provided the following data to aid in that study:Pacius CorporationCustomer Service DepartmentData InputsResource Data: Number of employees 11 Average salary per employee$39,780 Weeks of employment per year 50 Minutes available per week (40 hours × 60 minutes) 2,400 Practical capacity percentage 85%?Activity Data:Receiving CallsResolving IssuesProcessing Credit ReviewsMinutes per unit of the activity122436?Cost Object Data:Customer SNumber of orders processed35Number of queries resolved18Number of credit reviews processed1?On the Customer Cost Analysis report in time-driven activity-based costing, the total cost assigned to Customer S would be
closest to: A. $168.48 B. $163.80 C. $14.04 D. $346.32
A contract involving the sale of goods from a Texas seller to a French wholesaler must always use the United Nations Convention on Contracts for the International Sale of Goods (CISG)
Indicate whether the statement is true or false
In cellular communications systems, base stations (BS) are located
in the geographic center of cells and handle communications between mobile units and the rest of the network. Indicate whether the statement is true or false
The phrase "relatively homogeneous collections of prospective buyers" is most descriptive of
A. qualified prospects. B. market segments. C. demographic clusters. D. organizational buyers. E. ultimate consumers.