Which of the following is an example of a business product?
A) a gross of linen tablecloths that a caterer buys to use at wedding receptions
B) a dozen long-stem roses bought by a husband as a birthday gift for his wife
C) a can of liquid starch bought by a man who likes to wear crisply ironed shirts
D) a teenager's purchase of a pair of designer jeans
E) paint bought by a hardware store owner to paint his own house

Question

Quizplus · Accepted Answer

Business products are goods and services purchased for use either directly or indirectly in the production of other goods and services for resale. A gross of linen tablecloths bought by a caterer for use at wedding receptions is an example of a business product because it is purchased for the caterer's business operations, not for personal use.

Which of the Following Is an Example of a Business