In Terms of Promotion, Which of the Following Type of Consumer

question 284

Multiple Choice

In terms of promotion, which of the following type of consumer product stresses product differentiation from competitors?

• A)shopping product
• B)convenience product
• C)specialty product
• D)unsought product
• E)discretionary product

Understand the impact of pay and benefits planning and administration on an organization.

Identify the nine categories of HRM competencies for success.

Recognize the stakeholders in an organization.

Explore methods for HR professionals to enhance their career opportunities.

---

Definitions:

Bank Accounts

Financial accounts maintained by individuals or businesses in a banking institution for the purpose of managing money.

Takings Clause

A clause in the Fifth Amendment of the U.S. Constitution requiring that when government uses its power to take private property for public use, it must pay the owner just compensation, or fair market value, for the property.

Condemnation

The legal process by which government or a legal entity takes private property for public use, with compensation to the owner.

Fifth Amendment

An amendment to the U.S. Constitution that provides several protections to individuals, including protection against self-incrimination and double jeopardy, and ensures due process of law.