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Basic Research Seeks

question 376

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Basic research seeks


Definitions:

Generic Equivalents

These are products, especially drugs, that are marketed without a brand name and are considered chemically identical to their branded counterparts, usually offered at a lower price.

Low-Cost Items

Products that are sold at a minimal expense, often targeting budget-conscious consumers.

Convenience Product

Goods that the consumer purchases frequently, immediately, and with minimal comparison and buying effort.

Shopping Product

A type of product that consumers purchase after comparing quality, price, and style from several sellers.

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