Compare and contrast the three types of convenience products
What will be an ideal response?
Marketers classify convenience products as either staples, impulse products, or emergency products. Staples are basic or necessary items that are available almost everywhere. Impulse products are items people buy on the spur of the moment. Emergency products are those products we purchase when we're in dire need, such as umbrellas during a rain storm.
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To meet the declining supply of potential employees, many small businesses are spending more money on technology.
Answer the following statement true (T) or false (F)
A ________ arrangement occurs when the patent holder issues a license to use the patented object only if the licensee agrees also to buy some non-patented product from the holder
A) bonding B) parallel C) tying D) congruent
Which of the following is an optional element in a business letter?
A. The salutation B. The attention line C. The complimentary closing D. The inside address
A firm should adopt a new credit policy if it reduces the value of the firm.
Answer the following statement true (T) or false (F)