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Yellow, Red And Orange Goods
Yellow, red and orange goods are a three-part classification for consumer goods which is based on consumer buying habits, the durability of the goods, and the ways that the goods are sold.Baker, Michael J. ''Marketing Strategy and Management'' (5th Edition). MacMillan International Higher Education, 2014 The classifications are for yellow goods, red goods, and orange goods, with orange goods being goods that have a mix of yellow and red characteristics. The classification of goods into yellow, red, and orange categories is roughly equivalent to the categories of shopping goods, convenience goods, and specialty goods. Yellow goods Yellow goods (also called "shopping goods" or "white goods") are durable consumer items such as large household appliances that have a long period of useful life, and which are replaced rarely.Kroon, Richard W. A/V A to Z: An Encyclopedic Dictionary of Media, Entertainment and other Audiovisual Terms. McFarland, 2010. p. 111 While yellow goods are sold in ...
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White Goods
A major appliance, also known as a large domestic appliance or large electric appliance or simply a large appliance, large domestic, or large electric, is a non-portable or semi-portable machine used for routine housekeeping tasks such as cooking, washing laundry, or food preservation. Such appliances are sometimes collectively known as white goods, as the products were traditionally white in colour, although a variety of colours are now available. An appliance is different from a plumbing fixture because it uses electricity or fuel. Major appliances differ from small appliances because they are bigger and not portable. They are often considered Fixture (property law), fixtures and part of real estate and as such they are often supplied to tenants as part of otherwise unfurnished rental properties. Major appliances may have special electrical connections, connections to gas supplies, or special plumbing and ventilation arrangements that may be permanently connected to the applia ...
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Consumer Goods
A final good or consumer good is a final product ready for sale that is used by the consumer to satisfy current wants or needs, unlike a intermediate good, which is used to produce other goods. A microwave oven or a bicycle is a final good, but the parts purchased to manufacture them are intermediate goods. When used in measures of national income and output, the term "final goods" includes only new goods. For example, gross domestic product (GDP) excludes items counted in an earlier year to prevent double counting based on resale of items. In that context, the economic definition of goods also includes what are commonly known as ''services''. Manufactured goods are goods that have been processed in any way. They are distinct from raw materials but include both intermediate goods and final goods. Law There are legal definitions. For example, the United States' Consumer Product Safety Act has an extensive definition of consumer product, which begins: CONSUMER PRODUCT.--The t ...
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Yellow Goods (construction And Agriculture)
Yellow goods are material for construction and earth-moving equipment, quarrying equipment, and fork-lift trucks. The term is also used to encompass agricultural equipment, such as tractors. The term "yellow goods" originated from the distinctive yellow colour commonly used on these types of machinery. Construction and earth-moving equipment These yellow goods machines include excavators, bulldozers, backhoes, loaders, and dump trucks. They are used in construction projects and designed to handle heavy loads, operate in rugged terrain, and perform tasks like digging, grading, and hauling. They are manufactured by Case, Caterpillar, Fiat, Komatsu, Liebherr, Shantui. Quarrying equipment Quarrying equipment is designed for use in the quarrying industry, which involves the extraction of minerals and other materials from the earth. Common types of quarrying yellow goods include rock drills and stone crushers. These machines are used to extract materials like limestone, ...
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