Products and services fall into two broad classifications based on the types of consumers that use them.Which is one of these broad classes?
A) industrial products
B) specialty products
C) supplies and services
D) materials and parts
E) convenience products

Question

Quizplus · Accepted Answer

Industrial products refer to products that are used in the production of other goods and services, whereas consumer products are products that are purchased by the end consumer. Therefore, industrial products fall into a separate class from consumer products, which include specialty products, convenience products, and supplies and services. Materials and parts can be considered a subcategory of industrial products.

Products and Services Fall into Two Broad Classifications Based on the Types