Raw materials are different from other business products,in that
A)buyers of raw materials do not seek sources of supply.
B)raw materials require grading.
C)raw materials require a lot of handling before moving to the next production process.
D)raw materials never involve contract production arrangements.
E)pricing decisions for farm products are more complicated.

Question

Quizplus · Accepted Answer

The need for grading is one of the important differences between raw materials and other business products.Nature produces what it will; but it must be sorted and graded to satisfy various market segments.

Raw Materials Are Different from Other Business Products,in That