Question

Define the concepts of Shopping goods, Convenience goods and Raw material in business?

Answer 1

Answer:

• Consumers goods that is usually purchased only after the customer has compared price , and quality .

• A category of consumer goods that are brought frequently, quickly .

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Answer 2

Answer:

Definition of shopping goods

: consumer goods that are usually purchased only after the customer has compared price, quality, and style in more than one store

Convenience Goods : A convenience good is a consumer item that is widely available and purchased frequently with minimal effort. ... Convenience goods, such as newspapers and candy, are different than specialty goods, such as cars, which are more expensive and often carry a greater opportunity cost for the consumer.

Raw Materials : the basic material from which a product is made.

Explanation:

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