Some products can be classified as either a business or a consumer product depending on _____.

Question

Quizplus · Accepted Answer

The classification of a product as a business or consumer product depends on who buys the product and why. If the product is purchased for personal use, it is a consumer product. If it is bought for business purposes, it is a business product. The type of product/service, cost, and place of sale do not necessarily determine its classification.

Some Products Can Be Classified as Either a Business or a Consumer