Which statement best summarizes the difference between consumer products and business products?
A)Consumer products are specialty products and business products are shopping products.
B)Consumer goods tend to be consumed quickly, thus having short product lives. Business goods tend to last much longer.
C)Consumer products offer a service component while business products do not offer a service component.
D)Consumer products are for personal use and business products are for production.

Question

Quizplus · Accepted Answer

Consumer products are intended for personal use and consumption, while business products are intended for use in production or operations of other goods and services.

Which Statement Best Summarizes the Difference Between Consumer Products and Business