Consumer Products That a Customer Buys on Sight as Unplanned

question 210

True/False

Consumer products that a customer buys on sight as unplanned purchases,may have bought the same way before,and wants "right now" are impulse products.

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Definitions:

Growth

An increase in the value or size of something, often used in economic contexts to refer to companies or economies.

Sales Forecast

An estimate of the amount of sales that a business expects to achieve in a future period.

Finished Goods Inventory

Finished Goods Inventory consists of all completed products that are ready for sale but have not been sold yet.

Production Units

The measurable amount of goods or services produced over a specific period of time.