Questions: Candy, gum, milk, snacks, and gas are all examples of goods. specialty shopping convenience routine

Candy, gum, milk, snacks, and gas are all examples of goods.
specialty
shopping
convenience
routine
Transcript text: 2024FL BUSI-1301-86005 Question Mode: Multiple Choice https://learning.mheducation.com/static/awd/index.html?_t=1731212942 Mc Graw Hill 1 of 29 Concepts completed Multiple Choice Question Candy, gum, milk, snacks, and gas are all examples of $\qquad$ goods. specialty shopping convenience routine Need help? Review these concept resources. Read About the Concept Rate your confidence to submit your answer. Type here to search
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Solution

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The answer is the third one (C): convenience goods.

Explanation for each option:

  • Specialty goods: These are products that consumers specifically seek out and are willing to make a special effort to purchase. They often have unique characteristics or brand identification. Examples include luxury cars or designer clothing. This does not fit the description of candy, gum, milk, snacks, and gas.

  • Shopping goods: These are products that consumers purchase less frequently and compare on attributes such as quality, price, and style. Examples include furniture, clothing, and appliances. Candy, gum, milk, snacks, and gas are typically not compared in this way.

  • Convenience goods: These are items that consumers purchase frequently, immediately, and with minimal effort. They are often low-cost and widely available. Candy, gum, milk, snacks, and gas fit this category as they are typically bought regularly and with little thought.

  • Routine goods: This term is not commonly used in marketing to categorize goods. It might be confused with convenience goods, but it is not a standard classification.

In summary, candy, gum, milk, snacks, and gas are best categorized as convenience goods because they are purchased frequently and with minimal effort.

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