Regarding component parts,

Question

Quizplus · Accepted Answer

All three statements are true. The original equipment market refers to the sale of component parts to manufacturers who use them to make their finished products, while the after market refers to the sale of component parts directly to consumers for replacement or enhancement of their existing products. A component part that was originally intended for use in a larger product may become a stand-alone consumer product when it is sold in the after market. Component buyers typically want reliable and consistent suppliers, as they depend on these suppliers to provide high quality parts on a regular basis.

Regarding Component Parts