Products that are purchased by the ultimate consumer are referred to as __________.
A) generic goods
B) end user goods
C) personal items
D) merchandise
E) consumer products

Question

Quizplus · Accepted Answer

The term "consumer products" refers to products that are purchased by individuals or households for personal use or consumption. This distinguishes them from products that are bought by businesses or organizations for their own use, which are known as "industrial products" or "business-to-business products." The other answer choices do not accurately describe this category of goods.

Products That Are Purchased by the Ultimate Consumer Are Referred