Shopping products that a customer sees as basically the same and wants at the lowest price are homogeneous shopping products.

Answer the following statement true (T) or false (F)


True

Homogeneous shopping products are shopping products the customer sees as basically the same and wants at the lowest price. Some consumers view televisions, computers, and washing machines this way.

Business

You might also like to view...

Which of the statements below is not true about stratified sampling?

A) Stratified sampling can ensure that all the important subpopulations are represented in the sample. B) The researcher assumes that the population elements are ordered in some respect. C) Most approaches to statistical inference assume that the data have been collected by stratified sampling. D) Both B and C are not true.

Business

Which of the following is true with regard to a market segment?

A) A market segment consists of consumers with dissimilar needs and preferences. B) A market segment consists of consumers who respond in a similar way to a given set of marketing efforts. C) Very few markets have segments. D) Dividing the market into segments decreases the efficiency of the selling process. E) Dividing the market into segments reduces composite demand.

Business

Which document is the objective evidence used as the basis to record the following journal entry?

a. Materials requisition b. Time ticket c. Job cost sheet d. Purchase order e. Invoice

Business

The value-percept theory utilizes three critical psychological states to measure job satisfaction.

Answer the following statement true (T) or false (F)

Business