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What is the definition of high middle and low order services?
Alykat1302
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Middle-order goods and services?
A middle order good is something like clothes or a hair dryer and services would be like Aeropostale or Ardene. These stores are used once o month or so and are a little more expensive than low order goods. High order goods would be furniture, a car or house. These things are used unfrequently and are only bought every 5 or so years at least. These stores typically only speciallize in one series of products like Leons or Chrysler dealerships. :)
What are the differences between low-order medium-order and high-order goods and services?
There are many differences between low-order products, middle-order products and high-order products. Low-order products are products that are frequently purchased and are inexpensive. For example, a convenience store sells low-order products such as candy bars, newspapers, milk, bread, and lottery tickets. Middle-order products are time-to-time items that are purchased but not as frequently as low-order products. They are items such as compact disks, calculators, or most clothing items. These items are considered a bit pricier. High-order products are the most expensive items or have a limited market and are hardly purchased. Some examples of these would be rock climbing equipment, specialized books, live theatre and multi-screen movie theatres. It is said that stores selling these products need to have a threshold population of tens of thousands.
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Middle-order goods and services?
A middle order good is something like clothes or a hair dryer and services would be like Aeropostale or Ardene. These stores are used once o month or so and are a little more expensive than low order goods. High order goods would be furniture, a car or house. These things are used unfrequently and are only bought every 5 or so years at least. These stores typically only speciallize in one series of products like Leons or Chrysler dealerships. :)
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