Question: QUESTION 3 ( 2 0 Marks ) The vast array of goods consumers buy can be classified based on consumer habits, price, and product characteristics.

QUESTION 3(20 Marks)
The vast array of goods consumers buy can be classified based on consumer habits, price, and product characteristics.
Taking consideration of the foregoing statement and proving examples in each case, discuss the four main categories of
consumer goods detailing consumer purchasing patterns.
QUESTION 4(20 Marks)
Research in the provision of fast Internet access continues unabated. Assume you are appointed to launch a revolutionary
mobile network in South Africa with fast connectivity surpassing the current 5G. Consider the above insights to fully
appraise pioneer advantages and disadvantages for investors of such innovation.

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