Examlex
How is the Fagan Test of Infant Intelligence different from the Gesell test and the Bayley Scales of Infant Development?
Convenience Goods
Products that are inexpensive and readily available, making them easy for consumers to buy frequently with minimal effort.
Consumer Staples
Essential products that consumers continue to demand regardless of economic conditions, such as food, beverages, and household goods.
Specialty Goods
High-value products that are unique or considered luxury items, often requiring a specific purchasing effort by consumers.
Cannibalized
When a new product or service significantly reduces the sales, market share, or demand of an existing product within the same company.
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