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

Question

BlackTom AI · Accepted Answer

To tackle the question, let's evaluate what each type of good typically entails and where it is commonly available.
Option 1: unsought. Unsought goods are items that consumers do not actively seek out, either because they do not know about them or do not think about purchasing them regularly (e.g., life insurance, funeral services). These are not primarily about differentiation through attributes or selective retail placement, so this choice does not fit the description given.
Option 2: convenience. Convenience goods are low-effort purchases that are widely available in many locations (e.g., snack foods, basic toiletries). They emphasize accessibility and low effort rather than differentiation on important attributes or selective outlets, so this option does not match the prompt.
Option 3: components. Components refer to parts or inputs used in manufacturing or assembling products, rather than final consumer goods marketed to differentiate attributes and compete through selective retail channels. This option is about supply of inputs, not consumer goods positioning, so it is not appropriate.
Option 4: production. Production goods (often called industrial or business goods) are items used in the production process, such as machinery or raw materials, and their distribution is oriented toward business buyers and industrial channels rather than consumer-focused retail differentiation. This does not align with the notion of consumer attribute differentiation in selective outlets.
Option 5: shopping. Shopping goods are those that consumers compare on attributes such as quality, price, style, and differentiating features before purchase, and they are typically available in selective outlets to support informed comparisons. This matches the description of stressing differentiation from competitors and consumer comparisons on important attributes, with selective distribution.

In summary, the option that best fits the description—emphasizing attribute-based differentiation and consumer comparisons in selective outlets—is shopping. The other options describe different categories of goods that do not emphasize this kind of attribute-based differentiation or selective retail presence.

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

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