Last unit 3 EOC prep

Why do marketers classify goods and services?

• To decide whether to increase production

• To aid in marketing planning

• to determine promotional budgets

• To determine prices to charge for goods and services

Bread for a family would best be classified as a(n)_________ product.

• convenience

• shoppeing

• installtion

• specialty

George has decided to purchase a dishwasher. he is checking the newspaper ads for the best place to get quality goods and service sat a reasonable price. What type of product is the dishwasher?

• shopping

• industrial

• convenience

• specialty

Sugar and flour that are purchased to make backed goods are classified as

• supplies

• materials

• parts

• installations

A car manufacturer receives a shipment of blots that are going to be used in the production of automobiles'. What type of industrial product would the bolts be?

• materials

• supplies

• parts

• equipment

How would a business's computers be classified?

• As an installation

• As equipment

• As parts

• As supplies

Cash register tapes and shipping forms used by a business would be classified as industrial

• materials

• supplies

• equipment

• parts

Which of the following is an industrial good?

• Holiday flowers

• Emily's home computer

• Tires for a tow truck

• Matt's cell phone

Which of the following is an example of an economic want?

• Clothing

• Fresh air

• Understanding

• Converstion

*Which of the following is a characteristic of economic services?

• Nontransferable

• Freely available to everyone

• Useful

• Tangible