Consumer goods on which buyers spend considerable time comparing the quality, price, style and suitability at several stores, before making the final purchase, are called:
Answer & explanation
Correct answer: option 1
The correct answer is Option (1) → Shopping products
Option (1) Shopping products — Correct. Shopping products are goods where buyers devote considerable time to compare quality, price, style and suitability at several stores before buying. Clothes, shoes, jewellery and furniture are examples.
Option (2) Convenience products — Incorrect. Convenience products are bought frequently, immediately and with least time and effort. Newspapers and toothpaste are examples.
Option (3) Speciality products — Incorrect. Speciality products have special features, and buyers make special efforts to buy them. These buyers are loyal to one brand or place, so they do not compare several stores.
Option (4) Durable products — Incorrect. Durable products are classed by how long they last. They are tangible products that survive many years, like a refrigerator. This class says nothing about how buyers shop for them.
NCERT (2026-27 Edition): “Consumer Products Products, which are purchased by the ultimate consumers or users for satisfying their personal needs and desires are referred to as consumer products. For example, soap, edible oil, eatables, textiles, toothpaste, fans, etc. which we use for our personal and non-business use are consumer goods. We can classify the consumer product into the following three categories as here under: |