Marketing - Standalone book
Marketing - Standalone book
13th Edition
ISBN: 9781259573545
Author: Roger A. Kerin, Steven W. Hartley
Publisher: McGraw-Hill Education
Question
Book Icon
Chapter 10, Problem 1AMK

a)

Summary Introduction

To determine: The classification of Product J

Introduction:

A product is a service or physical item that can be offered or made to a customer in order to satisfy their wants and needs. A company gets new products in two ways. One is acquisition and another one is developing a new product.

a)

Expert Solution
Check Mark

Explanation of Solution

The products can be generally classified into consumer products or business products

Product J is a baby’s shampoo and it is classified under the consumer product. The consumer products are the products that are in the final stage and are ready to be purchased and consumed by the end users is known as the consumer product.

b)

Summary Introduction

To determine: The classification of Product BD

Introduction:

A product is a service or physical item that can be offered or made to a customer in order to satisfy their wants and needs. A company gets new products in two ways. One is acquisition and another one is developing a new product.

b)

Expert Solution
Check Mark

Explanation of Solution

The products can be generally classified into consumer products or business products

Product BD is a two speed drill if the product is used by a worker who has to do his work in the house by himself then the product is a consumer product. The consumer products are the products that are in the final stage and are ready to be purchased and consumed by the end users is known as the consumer product.

Product BD is a two speed drill if the product is used by a construction building worker then the product is a business product. The products that are purchased by the businesses for their own usage is known as a business product.

c)

Summary Introduction

To determine: The classification of Product AW

Introduction:

A product is a service or physical item that can be offered or made to a customer in order to satisfy their wants and needs. A company gets new products in two ways. One is acquisition and another one is developing a new product.

c)

Expert Solution
Check Mark

Explanation of Solution

The products can be generally classified into consumer products or business products

Product AW is a business product. The products that are purchased by the businesses for their own usage is known as a business product.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
| Login x Topic Week 5 Discussion - Live S: X Week 5 - Homework Chapter 5 WP Question 1 of 5 - Week 5-Home X + https://education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=c9ab9fc0-ab77-49d4-802e-df8fd8b6b1ad#/question/0 Strayer iCampus Strayer Technical Su... Microtek Support ework: Chapter 5 O Microsoft Office a Fire TV Devices e Question 1 of 5 View Policies Show Attempt History Current Attempt in Progress Information related to Monty Co. is presented below. 2.72/7 E : On April 5, purchased merchandise on account from Larkspur Company for $30,000, terms 2/10, net/30, FOB shipping point. On April 6, paid freight costs of $910 on merchandise purchased from Larkspur. 1. 2. 3. On April 7, purchased equipment on account for $30,100. 4. On April 8, returned $6,000 of merchandise to Larkspur Company. 5. On April 15, paid the amount due to Larkspur Company in full. (a) W Your answer is partially correct. 3:32 PM 2/5/2025
I need answer typing clear urjent no chatgpt used pls i will give 5 Upvotes.
I need answer typing clear urjent no chatgpt used pls i will give 5 Upvotes.
Knowledge Booster
Background pattern image
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Marketing
Marketing
ISBN:9780357033791
Author:Pride, William M
Publisher:South Western Educational Publishing
Text book image
Contemporary Marketing
Marketing
ISBN:9780357033777
Author:Louis E. Boone, David L. Kurtz
Publisher:Cengage Learning
Text book image
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Text book image
Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Text book image
MARKETING 2018
Marketing
ISBN:9780357033753
Author:Pride
Publisher:CENGAGE L
Text book image
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning