Match Each Item with the Correct Statement Below

question 113

Multiple Choice

Match each item with the correct statement below.
-Goods and services consumers want to purchase frequently,immediately,and with minimal effort are called _____.

• A)marketing mix
• B)specialty products
• C)product
• D)services
• E)convenience products
• F)impulse goods
• G)installations
• H)wholesalers
• I)business-to-business (B2B)
• J)supplies
• K)emergency goods
• L)shopping products
• M)component parts and materials
• N)staples
• O)product mix
• P)product line
• Q)line extension
• R)total quality management
• S)product lifecycle
• T)benchmarking

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Definitions:

Depositor Moral Hazard

A situation in financial systems where depositors engage in riskier behaviors because they know their deposits are protected, for instance, by government insurance.

Savings and Loan Industry

A sector of the financial services industry that specializes in accepting savings deposits and making mortgage and other loans.

Flood Control System

Engineering and planning efforts designed to manage water flow and protect areas from flooding.

Expected Loss

The anticipated amount of loss in an investment, calculated as the probability of the loss occurring multiplied by the amount of the potential loss.