There are two broad groups of product classes based on the type of customer that will use the product.

Name: There are two broad groups of product classes based on the type of customer that will use the product.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The two broad groups of product classes are consumer products and industrial products, which are based on the type of customer that will use the product. Consumer products are used by individuals for personal use, while industrial products are used by businesses for operational purposes.

There Are Two Broad Groups of Product Classes Based on the Type