Tamery Corp. is engaged in marketing various goods and services. It buys goods from various manufacturers and sells them to businesses and end consumers. Given this information, in which of the following cases would Tamery Corp. be said to be selling consumer products?

Question

Quizplus · Accepted Answer

Tamery Corp. would be selling consumer products if it sells books to students. Consumer products are goods that are sold to end consumers for their personal use or consumption, and in this case, Tamery Corp. is selling books directly to the end consumer, i.e. students. In contrast, selling spare parts to automobile manufacturers, laptops to a hotel or printers to a partnership firm would be considered as selling industrial or business-to-business products.