0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Do durable goods include both consumer goods and capital goods?
Yes. Durable goods as such are those goods which have a long expiry date.
Long lasting durable goods are those that are designed to last at least or more years?
3
How long does non durable goods last?
'Durable goods' are tangible products that can be stored or inventoried and that have an average life of at least three years. Durable goods are products that aren't consumed or quickly disposed of, and can be used for several years.
What is the importance of a consumer surplus?
If an organisation as to survive for a long term ,then the organisation as to think on consumer surplus . later on it creats the demand for a particular product or goods. consumer surplus is very importent for all the organisation...
What are different types of demand distinctions?
1.producer's goods and consumer's goods 2.durable goods and non durable good 3.derived demand and autonomous demand 4.industry demand and company demand 5.short run demand and long run demand 6.short term demand fluctuations and long term trends 7.total market and market segments
Do durable goods include both consumer goods and capital goods?
Yes. Durable goods as such are those goods which have a long expiry date.
Marketing consumer goods and marketing industrial goods?
customers goods inosence FMCG on durable goods. and industrial goods means which is duralble long time being and less compitation in market.
What are job responsibilities of a family entertainment stores Manager?
One of the job responsibilities of a family is to sell goods or products to consumer, because you need to be a good producer of goods and products to your costumers, so that you're job will going to last long and strong! ^__^
What are durable goods?
Consumer durable goods are those goods which we need to plan and buy .. we need planning behind buying like you want to buy a bike, a car , home furnishing .... The goods which are costly and need maintenance are durable goods .. companies of durable goods ... LG , PANASONIC , VIDEOCON ETC ETC
How would you determine quality needs and performance epectations?
Quality needs and performance expectations are determined by the person who needs the goods. The company should create a standard for how their products will work and how long they will last the consumer.
Long lasting durable goods are those that are designed to last at least or more years?
3
What happen to consumer when there is no rainfall?
Called "drought" - if it lasts long enough them migration or death.
How long do Victoria's Secret lotion last?
Victoria Secret lotion will last depending on how much the consumer uses the product. If the product is used on a daily basis it should last about 2-3 weeks.
What is a product called when it can last a long time?
poo
How long does non durable goods last?
'Durable goods' are tangible products that can be stored or inventoried and that have an average life of at least three years. Durable goods are products that aren't consumed or quickly disposed of, and can be used for several years.
Differentiate between organizational buying and individual buying?
Consumer buying is where the final consumer buys goods and services for the personal consumption. In other words consumer buying means the day to day purchases by individuals to satisfy their daily needs. Organizational buying involves purchasing goods and services to produce another good with the intention of reselling it to final consumers to earn profits. The organizational buying is also known as business buying. Difference between consumer buying and business buying can be summarized as follows: Consumer markets contain of many small scale buyers where as business markets consist of few large buyers. As an example consumer market for clothing would be every individual who purchases their clothing needs at a small scale and business market for clothing would be retailers who purchase cloths from manufacturers for reselling at a large scale. In a consumer market consumers demand for goods when they recognize their needs. As a result the demand for a good created in large scale. The demand for goods in business market is derived from the summation of the demand for goods in the consumer market. As an example the the business market demand for clothes (the quantity purchased by the clothing retailer) depends of the quantity demanded by the final consumer of clothing. Demand for goods in consumer markets is heavily affected by the changes in the prices where it can be concluded that consumer market demand is price elastic. Demand for goods in business markets are not affected by the price changes in short run where it can be concluded that demand for goods in business market is price inelastic. The purchasing behavior in the consumer market is highly personal and varies from person to person. The purchasing behavior in business market carries a lot of professional behavior where everyone would behave in a standardized manner. Buying decisions of a consumer market is simple where it purely depends on the wish of consumer. But business buyers face complicated buying process where they have to adhere to purchasing standards and involves approval of many people. Consumer buying is generally short term focused where they conclude the relationship with seller upon the transaction is completed. Business buying process focuses on long term where they build long lasting relationships with suppliers. Consumers buy goods from retailers where business buyers usually buy goods straight away from the manufacturer. Additionally, business markets practices reciprocity where they buy goods from a supplier and the same supplier again purchase goods from the them. In other words they buy and sell to same organization.
What is the importance of a consumer surplus?
If an organisation as to survive for a long term ,then the organisation as to think on consumer surplus . later on it creats the demand for a particular product or goods. consumer surplus is very importent for all the organisation...
