________ Are Consumer Products for Which a Consumer Either Has

question 71

Multiple Choice

________ are consumer products for which a consumer either has little awareness or interest until a need arises.These products require a lot of advertising,personal selling,and other marketing efforts.

• A)Specialty products
• B)MRO products
• C)Unsought products
• D)Shopping products
• E)Staples

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Definitions:

NAFTA

The North American Free Trade Agreement linking Canada, the United States, and Mexico in an economic alliance.

United Kingdom

A sovereign country located off the northwestern coast of mainland Europe, comprising England, Scotland, Wales, and Northern Ireland.

Most Favoured Nation Status

A status that gives a trading partner most favorable treatment for imports and exports.

Quotas

are set limits or targets that need to be achieved within a specified timeframe, commonly used in sales, production, and policy implementation.