A company that buys products to use in the production or creation of other goods or services is a(n)
A) convenience buyer.
B) consumer.
C) industrial buyer.
D) capital buyer.
E) rebrander.

Question

Quizplus · Accepted Answer

An industrial buyer is a company that purchases products or materials to incorporate them into the production of other goods or services. These are often called B2B (business-to-business) transactions. The other options, such as convenience buyer (A), consumer (B), capital buyer (D), and rebrander (E), are not specifically related to buying products for production purposes.

A Company That Buys Products to Use in the Production