Which of the Following Statements Does Not Apply to Convenience

question 350

Multiple Choice

Which of the following statements does not apply to convenience goods?

• A) Consumers are brand loyal to convenience products and are not likely to substitute other brands.
• B) Convenience products require minimal shopping effort.
• C) Marketing of convenience products requires intensive exposure of these goods in as many stores as possible.
• D) Consumers tend to feel that the most desirable retail facility for convenience products is the closest one.
• E) Colas, gasoline, and bread are good examples of convenience goods.

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Definitions:

Earned Income Tax Credit

A refundable tax credit for low- to moderate-income working individuals and families, aimed at reducing poverty and encouraging work.

Working Poor

Individuals who are employed but still live below the poverty line due to low wages and inadequate employment benefits.

Minimum-wage Laws

Legislation that sets the lowest hourly rate of pay that an employer can legally pay their workers, intended to protect workers from unduly low pay.

Working Poor

Individuals who have employment but whose earnings are not sufficient to meet the poverty line or standard living costs.