Question: When we discussed different classes of consumer goods, and if I wanted to purchase a product with unique characteristics and brand identity that consumers perceived

When we discussed different classes of consumer goods, and if I wanted to purchase a product with unique characteristics and brand identity that consumers perceived to have no reasonable substitute such as a Rolex watch or a Lamborghini automobile, which of the following classifications would apply?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!