Goods and Services Such as Haircuts,GPS Systems,and Computers That Are

question 29

Multiple Choice

Goods and services such as haircuts,GPS systems,and computers that are purchased for end users are examples of _____.

• A)consumer products
• B)business products
• C)target market
• D)marketing mix

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Definitions:

Logistics

The detailed organization and implementation of a complex operation, often referring to the movement, storage, and flow of goods, services, and information.

Distribution

The process of delivering products, goods, or services from the production point or supplier to the end consumer.

Price Adjustment Contract

A contractual agreement that allows for changes in the price based on certain conditions or indices, often used to account for inflation or cost increases.

Economic Changes

Adjustments or shifts in the conditions of an economy, affecting factors like prices, jobs, and wealth distribution.