Business products are .
A) purchased for personal consumption
B) chosen on the basis of preferences expressed by a business procurement department
C) purchased for both their functional aspects and their psychological rewards
D) classified according to their characteristics and intended uses
E) not purchased by private organizations

Question

Quizplus · Accepted Answer

Business products are classified according to their characteristics and intended uses, as they are typically purchased to be used in the production of other goods or services, for resale, or for use in business operations.

Business Products Are