The key characteristic distinguishing business products from consumer products is their intended use, not their physical...
The key characteristic distinguishing business products from consumer products is their intended use, not their physical form.
True
False
Original equipment manufacturers or OEMs include all individuals and organizations that buy business goods and incorporate them into the products they produce for eventual sale to other producers or to consumers.
True
False
The U.S. federal government buys goods and services valued at more than $875 billion per year, making it the world’s largest customer.
True
False
Homework Answers
1.The key characteristic distinguishing business products from consumer products is their intended use, not their physical form.
Answer: True
2. Original equipment manufacturers or OEMs include all individuals and organizations that buy business goods and incorporate them into the products they produce for eventual sale to other producers or to consumers.
Answer: True
3. The U.S. federal government buys goods and services valued at more than $875 billion per year, making it the world’s largest customer.
Answer: True
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The key characteristic distinguishing business products from
consumer products is their intended use, not their physical...
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based on market required returns? You use the following points to
discuss this question or utilize your own points.
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