Examples of good in the following topics:
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- Imports are the inflow of goods and services into a country's market for consumption.
- It is a good that is brought in from another country for sale.
- Imported goods or services are provided to domestic consumers by foreign producers.
- While imports are the set of goods and services imported, "imports" also means the economic value of all goods and services that are imported.
- Comparative advantage is the concept that a country should specialize in the production and export of those goods and services that it can produce more efficiently than other goods and services, and that it should import those goods and services in which it has a comparative disadvantage.
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- Products can be classified based on consumer versus industrial goods and goods versus services.
- The two most commonly used methods of classifying products are: (1) Consumer goods versus industrial goods, and (2) goods products (i.e., durables and non-durables) versus service products.
- The traditional classification of products is to dichotomize all products as being either consumer goods or industrial goods.
- A classification long used in marketing separates products targeted at consumers into three groups: (1) Convenience goods, (2) shopping goods and (3) specialty goods.
- The demand for manufactured industrial goods are usually derived from the demand for ultimate consumer goods.
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- Durable goods are tangible and survive many uses.
- According to one convention, a durable good lasts more than one year.
- Non-durable goods are tangible, but they provide benefits for a short time.
- Good examples include: gum, shaving cream, gas, batteries, and cosmetics.
- Shopping goods are purchased only after consumers make comparisons with competing goods based on such attributes as price, quality, style, or color.
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- Exporting is the practice of shipping goods from the domestic country to a foreign country.
- When individuals from Country A purchase goods from Country B, this process is known as exporting for Country B (since their goods are being sold) and importing for Country A (since they are buying the goods).
- This term "export" is derived from the concept of shipping goods and services out of the port of a country .
- Smuggled goods must also be included in the export measurement.
- Data on international trade in goods is mostly obtained through declarations to customs services.
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- The customers then take their goods and leave the store.
- Cost of goods sold (COGS) refers to the inventory costs of those goods a business has sold during a particular period.
- Cost of goods sold may also reflect adjustments.
- When multiple goods are bought or made, it may be necessary to identify which costs relate to which particular goods sold.
- Cost of goods sold (COGS) refer to the inventory costs of those goods a business has sold during a particular period.
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- The distinction between services and goods products is not always clear-cut.
- Goods products tend to be just the opposite in terms of these criteria.
- Consequently, marketers of service products usually employ a marketing strategy quite different from that of goods marketers.
- For example, a local family physician creates tangibility by providing an environment: waiting room examination rooms, diplomas on the walls, that convinces patients that they are receiving good health care.
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- In International Trade, "exports" refers to selling goods and services produced in the home country to other markets.
- Export goods or services are provided to foreign consumers by domestic producers.
- It is a good that is brought in from another country for sale.
- Import goods or services are provided to domestic consumers by foreign producers.
- Exporting raw materials accounts for the funds spent on importing finished goods.
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- Consumer products can be classified as convenience, shopping, or specialty goods.
- Vending machines typically dispense convenience goods, as do automatic teller machines.
- In contrast, consumers want to be able to compare products categorized as shopping goods.
- Specialty goods represent the third product classification.
- Convenience goods are typically found in convenience stores, such as the one pictured here.
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- Consumer goods marketers sell to individuals who consume the finished product.
- For the consumer goods marketer, the various marketing components are relatively fixed.
- In addition, consumer goods marketers might employ emotional appeals and are faced with the constant battle of getting their product into retail outlets.
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- Remanufacturing to as-good-as-new condition is a three-step process whereby: (1) a used product is disassembled, (2) its parts are cleaned and repaired, and (3) the parts are reassembled to a sound working condition.