Which Type of Consumer Product Is Purchased Relatively Infrequently and Takes

question 275

Multiple Choice

Which type of consumer product is purchased relatively infrequently and takes some time to make the purchase decision because the consumer needs time to compare offerings during the shopping experience?

• A)convenience product
• B)shopping product
• C)specialty product
• D)unsought product
• E)discretionary product

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Definitions:

SEC

The U.S. Securities and Exchange Commission, a government agency responsible for regulating the securities industry and protecting investors.

Civil Fines

Monetary penalties imposed by a civil court or regulatory agency as punishment for violations of civil laws or regulations.

Cease And Desist

A legal order or demand to halt alleged illegal activities.

Supreme Court

The highest judicial court in a country or state, often having the final authority in legal disputes and constitutional matters.