Time Affects Consumer Purchases

question 111

Multiple Choice

Time affects consumer purchases. Another way of stating a factor based on time would be to call it a factor.

• A) monetary
• B) queuing
• C) temporal
• D) utilitarian
• E) demand

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Definitions:

Freight Charge

The cost associated with the transportation of goods from one place to another.

Store Equipment

Fixed assets like shelves, cash registers, and display units used in the operations of a retail store.

Display Rack

A fixture in stores and exhibitions used to showcase products or materials to customers and visitors.

Merchandise Inventory

Goods that a retailer, wholesaler, or distributor holds for sale to customers in the ordinary course of business.