You have several umbrellas in your closet at home, but when it's raining hard and you're stranded on Market Street in San Francisco you need a new umbrella fast. What type of consumer product is your new umbrella?
A. shopping product
B. specialty product
C. emergency product
D. staple
E. new unsought product
Answer: C
You might also like to view...
Which of the following documents would not originate with the purchasing company?
A) Purchase order B) Receiving report C) Check D) Invoice
Which type of skill involves the ability to conceptualize situations?
a. technical b. time management c. decision-making d. interpersonal
Explain how business understands the opportunities available in the age of sustainability.
What will be an ideal response?
Match these types of innovation with their descriptions
a) Product innovation. Choose.. i) The way they are introduced to market ii) Product/service offered iii) Improvement to a part of product/service iv) Underlying business models b) Position innovation. Choose... i) The way they are introduced to market ii) Product/service offered iii) Improvement to a part of product/service iv) Underlying business models c) Paradigm innovation. Choose... i) The way they are introduced to market ii) Product/service offered iii) Improvement to a part of product/service iv) Underlying business models d) Component innovation. Choose... i) The way they are introduced to market ii) Product/service offered iii) Improvement to a part of product/service iv) Underlying business models