For a product to be called a business product,it must be used to manufacture other products,become part of another product,facilitate the normal operations of a firm,or be acquired for resale with no substantial change in form.

Question

Quizplus · Accepted Answer

This statement is true. Business products are those that are used by businesses to facilitate their operations or to produce other products. This includes raw materials, components, machinery, and equipment, among others. They are typically purchased in large quantities and are essential to the functioning of the business.

For a Product to Be Called a Business Product,it Must