Which of the following best describes a business product?
A)It is a product sold to customers.
B)It is a product used to manufacture other goods and services.
C)It is a product bought to satisfy an individual's personal needs.
D)It is a product loved by everyone.

Question

Quizplus · Accepted Answer

A business product is a product that is used in the manufacturing of other goods and services. It is not sold directly to customers, but rather to other businesses that use it in their production process. Examples of business products include raw materials, machinery, and equipment.

Which of the Following Best Describes a Business Product