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