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Which of the following correctly describes the classifications into which products and services fall?

a. consumer products and business products
b. consumer products and industrial products
c. luxury products and non luxury products
d. technology products and non technology products
e. wholesale products and retail products

Respuesta :

b. consumer products and industrial products

describes the classifications into which products and services fall.

The demand for the consumer goods they contribute to is what drives the market for industrial goods.. In contrast to support goods, which aid in the production of consumer goods like machinery and equipment, production goods are used in the creation of a finished good or product for consumers.

Consumer goods are material goods that are created and bought to fulfill customer needs. These products are also referred to as final goods or end products for this reason. Consumers can usually find these products stocked on store shelves. Therefore, they are available for purchase for use at home, at school, at work, as well as for fun or for individual use.

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