What's My Class? Classify each of the following products. In the center column, indicate whether it is a good, a service, or an idea. In the last column, indicate whether it is most likely to be a specialty, shopping, or convenience good. Hint: Consider how much effort a consumer is likely to put into the decision-making process for each item to help you determine your answer for the last column. Specialty, Convenience, or Shopping Product Good, Service, or Idea a. Overnight stay in a hotel b. DVD player c. This business course d. Dry cleaning e. Political party platform f. Advice from a counselor g. Utilities, such as electricity h. Meal at Red Lobster i. Pair of jeans j. A movie at a theater k. Candy bar 1. Airplane flight

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
Section: Chapter Questions
Problem 1PE
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What's My Class?
Classify each of the following products. In the center column, indicate whether it is a good, a
service, or an idea. In the last column, indicate whether it is most likely to be a specialty, shopping,
or convenience good. Hint: Consider how much effort a consumer is likely to put into the
decision-making process for each item to help you determine your answer for the last column.
Specialty, Convenience,
or Shopping
Product
Good, Service, or Idea
a. Overnight stay in a hotel
b. DVD player
c. This business course
d. Dry cleaning
e. Political party platform
f. Advice from a counselor
g. Utilities, such as electricity
h. Meal at Red Lobster
i.
Pair of jeans
j. A movie at a theater
k. Candy bar
1. Airplane flight
Transcribed Image Text:What's My Class? Classify each of the following products. In the center column, indicate whether it is a good, a service, or an idea. In the last column, indicate whether it is most likely to be a specialty, shopping, or convenience good. Hint: Consider how much effort a consumer is likely to put into the decision-making process for each item to help you determine your answer for the last column. Specialty, Convenience, or Shopping Product Good, Service, or Idea a. Overnight stay in a hotel b. DVD player c. This business course d. Dry cleaning e. Political party platform f. Advice from a counselor g. Utilities, such as electricity h. Meal at Red Lobster i. Pair of jeans j. A movie at a theater k. Candy bar 1. Airplane flight
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