As a type of business good, raw materials:
A) have very little standardization.
B) are purchased in small quantities.
C) are typically sold directly from the producer to the business user.
D) always have very short negotiation periods.
E) must be supported with after-the-sale service.

Question

Quizplus · Accepted Answer

Raw materials are typically sold directly from the producer to the business user, as this allows for a more efficient supply chain and cost savings for both parties involved. This direct selling approach is common in industries dealing with commodities like metals, agricultural products, and bulk chemicals.

As a Type of Business Good, Raw Materials