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Which of the following are products and services bought by final consumers for personal consumption? These include convenience products, shopping products, specialty products, and unsought products.

Which of the following are products and services bought by final consumers for personal consumption? These include convenience products, shopping products, specialty products, and unsought products. Correct Answer Consumer products

Consumer products are products and services bought by final consumers for personal consumption. Consumer products, also referred to as final goods, are products that are bought by individuals or households for personal use. In other words, consumer products are goods that are bought for consumption by the average consumer.

Related Questions

Seven friends, Anil, Sunil, Rohit, Puja, Shalini, Pradhi and Gaurav bought seven cars during a week but each one bought their cars on a different day of the week. Each of them also bought a different brand of car. The brands are: Maruti, Honda, Toyota, Renault, Tata, Mahindra and Hyundai. Consider the week stated on a Monday and ended on the following Sunday. The following information are known: Rohit bought a Hyundai on Monday On Sunday, one of them bought a Renault. Shalini bought her car just the day after Anil and just the day before Gaurav Anil bought a Mahindra car Puja bought a Tata car on Friday Sunil did not buy either a Toyota or a Renault Gaurav bought a Maruti On which day did Shalini buy her car and what was the brand of her car?
Kanha spend Rs 15000 on shopping during Holi festival and 20% of shopping on rent while 15% of shopping on food. Monthly saving of Kanha is 10% of the total amount of shopping, rent and food. Amount spend on shopping is what percent of total salary?
The pie chart given below shows the fuel consumption by five vehicles V1, V2, V3, V4 and V5. In a month total fuel consumption by all five vehicles is 720 litre. Fuel consumption of a particular vehicle is shown in terms of degree with respect to the total fuel consumption by all these five vehicles. J1 = Difference between the fuel consumption of V4 and V5. J2 = Difference between the fuel consumption of V1 and V2. What is the value of J2 – J1?
From a vegetable vendor 10 women bought okra, 20 bought onions, 15 bought bitter gourd. 2 bought all three vegetables, and 5 bought at least two of these vegetables. How many bought at least one vegetable?
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In the following question, two statements are given each followed by two conclusions I and II. You have to consider the statements to be true even if theyseem to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements. Statement:
(I) Women generally prefer window shopping.
(II) Males generally are not fond of window shopping and they feel that it is sheer waste of time. Conclusions:
(I) Shopping behavior is different for males and females.
(II) If males go for window shopping, they don't utilize much time is selecting a product.
Assertion (A): Selling is important not merely for increasing the profits of businessmen, but also for making goods and services available to the consumers in society.
Reason (R): It is the process whereby goods and services finally flow to the consumers who need them and the firm performs its functions of distributing its products among consumers.