The key characteristic distinguishing business products from consumer products is intended use

Indicate whether the statement is true or false
a. True
b. False


ANSWER: True

The key characteristic distinguishing business products from consumer products is intended use, not physical form. A business product or industrial product is used to manufacture other goods or services, to facilitate an organization's operations, or to resell to other customers. A consumer product is bought to satisfy an individual's personal wants or needs.

Business

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Fill in the blank(s) with correct word

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Answer the following statement true (T) or false (F)

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