A set of Bowers & Wilkins car speakers sold to Volvo for use in the production of a XC90 SUV would be an example of a(n)

Question

BlackTom AI · Accepted Answer

Here is a step-by-step analysis of each answer choice based on the scenario described.
Option 1: 'specialty item' — This term usually refers to a highly customized or unique product tailored for a specific market or customer. In the context of manufacturing parts for a vehicle, a set of car speakers is not typically classified as a specialty item unless it were a one-off, highly customized unit. Since the question mentions a standard set of car speakers used in Volvo’s XC90 production, this label is not the best fit.
Option 2: 'raw material' — Raw materials are inputs that become part of the end product through processing, such as steel, plastic pellets, or glass. Automotive speakers are finished assemblies with components like cones, magnets, housings, and wiring. They are not raw materials because they are not simply transformed from unprocessed inputs; they arrive as assembled components ready for integration.
Option 3: 'component part' — This term denotes a modular piece that is used as part of a larger system or product. In manufacturing, car speakers are integrated into the vehicle’s audio system, making them a component of the final XC90. They are not standalone finished goods for resale, but integral parts of the car’s assembly.
Option 4: 'accessory equipment' — Accessories or accessory equipment typically refer to items that enhance or support the main product but are not essential to its core function. A speaker system is part of the core entertainment function of the vehicle, embedded within the car’s standard specification, so labeling it as mere accessory equipment would understate its role as a built-in component.
To differentiate the options, consider the role of the item within the final product: if it becomes a required part of the vehicle during production, it aligns with 'component part'; if it were optional or external, it might align more with 'accessory equipment'. If it were a raw input used to create something else, it would be 'raw material', and if it were a highly custom item, it might be 'specialty item'. The given context points to an integrated piece used in manufacturing rather than an add-on or a raw input, which makes 'component part' the most fitting classification.

Essentials of Marketing (H) - Syracuse University MAR301 - 3 - Montenegro - Preparatory Academy - 1st Semester - 2025/2026 Unit 4: Product and Price Decisions Exam

A set of Bowers & Wilkins car speakers sold to Volvo for use in the production of a XC90 SUV would be an example of a(n)

View Explanation

Log in for full answers

Similar Questions

Which of the following is an example of shopping products?

A________ product requires little learning by the consumer, and the benefits of the purchase are readily understood.

Specialty products are

Convenience products are

Which type of good stresses differentiation from competitors and consumer comparisons on important attributes and is typically available in selective outlets?

Which of the following is most likely to be an example of an unsought good?

Which statement about convenience products is most likely true?

________ products are less frequently purchased consumer products and services that customers compare carefully on suitability, quality, price, and style.

More Practical Tools for Students Powered by AI Study Helper

Homework AI Solver

Stylized AI Paper Writer

Plagiarism Checker Assistant

Citation AI Academic Writing Tool

In-Class Translation Assistant

AI Note Generator

AI Quiz Answers

Past Exam Questions from University Test Bank

Smart Practice Assistant

Adaptive Practice

Making Your Study Simpler

Essentials of Marketing​ (H) - Syracuse University MAR301 - 3 - Montenegro - Preparatory Academy - 1st Semester - 2025/2026 Unit 4: Product and Price Decisions Exam

A set of Bowers & Wilkins car speakers sold to Volvo for use in the production of a XC90 SUV would be an example of a(n)

View Explanation

Log in for full answers

Similar Questions

Which of the following is an example of shopping products?

A________ product requires little learning by the consumer, and the benefits of the purchase are readily understood.

Specialty products are

Convenience products are

Which type of good stresses differentiation from competitors and consumer comparisons on important attributes and is typically available in selective outlets?

Which of the following is most likely to be an example of an unsought good?

Which statement about convenience products is most likely true?

________ products are less frequently purchased consumer products and services that customers compare carefully on suitability, quality, price, and style.

More Practical Tools for Students Powered by AI Study Helper

Making Your Study Simpler

Essentials of Marketing (H) - Syracuse University MAR301 - 3 - Montenegro - Preparatory Academy - 1st Semester - 2025/2026 Unit 4: Product and Price Decisions Exam