Consumer products refer to
A)products used in the production of other items.
B)products purchased by the ultimate consumer.
C)products an industrial buyer will make an effort to seek out and buy.
D)items purchased frequently and with a minimum of shopping effort.
E)products that assist directly or indirectly in providing products for resale.

Question

Quizplus · Accepted Answer

Consumer products are those that are purchased by the ultimate consumer for personal use and consumption. They are distinct from products used in the production of other items (A) and products that assist directly or indirectly in providing products for resale (E). While industrial buyers may seek out certain products (C), this is not a defining characteristic of consumer products. Similarly, while some consumer products may be purchased frequently and with a minimum of shopping effort (D), this is not a requirement for a product to be considered a consumer product.

Consumer Products Refer to