Question

What are the characteristics of convenience products?

Options

• Such products are easily available at convenient places with minimum time and effort wastage.

• They are available in small units and low and standardised prices.

• They are available in small units and low and standardised prices.

• All of the above

Answer 1

All of the above

Explanation - 

These products are referred to as convenience products. things are usually acquired, instantly, and with minimal work and time

The qualities of an are as follows product of convenience :

1. Such things are readily available in convenient locations, requiring little time and effort.
2. Convenience products are regularly eaten and have a steady demand. The necessary commodities are usually classified as convenience products.
3. They are offered in small quantities at low, uniform pricing.