Classification of goods and services in the business market is broken down into:

Question

Quizplus · Accepted Answer

The correct classification of goods and services in the business market is broken down into Entering goods (raw materials and components used in the production process), Foundation goods (capital equipment and buildings), and Facilitating goods (services and supplies that support operations). Option A is incorrect because there is no category called "Market goods." Option B is incorrect because there is no category called "Export goods" in the classification system. Option C is incorrect because there is no category called "Resale goods" in the classification system. Option E is incorrect because there is no category called "Market goods" and "Business goods" is too vague and can fall under any of the three categories mentioned above.

Classification of Goods and Services in the Business Market Is