What is a product that is bought by a company for use in making another product?
A) business product
B) institutional product
C) functional product
D) distribution product

Question

Quizplus · Accepted Answer

Business products, also known as industrial or B2B products, are items that are purchased by businesses for use in producing or facilitating their own goods and services. This includes raw materials, equipment, and supplies that are used in the production process. A product bought by a company for use in making another product falls under this category. Institutional products may also be purchased by businesses, but they are typically used for non-profit purposes such as schools or hospitals. Functional products and distribution products do not accurately describe this type of purchase.

What Is a Product That Is Bought by a Company