The consumer products are usually classified is based on:
A. how the market is segmented
B. the way the products are manufactured
C. the way products are used
D. the physical attributes of the product
E. the amount of effort consumers spend to acquire the product
Answer: E
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Which of the following does not describe an end cap?
A. Product sales increase dramatically when merchandise is featured on an end cap. B. They have high visibility. C. They are most often used with a free-form layout. D. They are displays located at the end of an aisle. E. Retailers use end caps for higher-margin, impulse, and sale merchandise.
In terms of expectancy theory, when ___ is strong, employees believe that their hard work and efforts will result in good performance, so they work harder.
Fill in the blank(s) with the appropriate word(s).
A ________ occurs when a person feels deprived of basic necessities such as food, clothing, shelter, transportation, and safety.
Fill in the blank(s) with the appropriate word(s).
Completed products ready for delivery to customers are?
a. Raw materials b. MRO supplies c. Work-in-process d. Finished goods