Answer:
- A retail company sell products to End consumers
- Staple goods and impulse goods are examples of Convenience consumer good
- An improvement that makes a product satisfy its purpose better is an improvement to the products information utility
Step-by-step explanation:
Retail companies are companies that acts like the last man on the supply chain of the demand and supply network in the open market. and they sell to End consumers, the staple goods and impulse goods are mostly been handled by retailers because they are everyday needs of man and the retailers are the closest to the consumers. product information helps the consumer to make maximum use of the product