Which of the following is an example of a business product?
A) a biography purchased by a high school teacher who wants to have something good to read on her vacation
B) a bottle of aspirin bought by a mother who is dreading the start of summer vacation
C) a case of champagne purchased by a caterer to serve at a wedding rehearsal dinner
D) a student's subscription to The Wall Street Journal
E) a dog collar bought by a veterinarian for her own dog

Question

Quizplus · Accepted Answer

A business product is something purchased for resale, for use in producing other goods or services, or for use in an organization's operations. The case of champagne bought by a caterer to serve at a wedding rehearsal dinner fits this definition as it is being purchased for use in the caterer's service offering.

Which of the Following Is an Example of a Business