Regarding component parts,which of the following is true?
A)The original equipment market and the aftermarket for component parts are typically separate target markets.
B)A product originally sold as a component part may become a consumer product when sold in the "aftermarket."
C)Component buyers want dependable suppliers.
D)They are finished items that must meet specifications.
E)All these answers are correct.

Question

Quizplus · Accepted Answer

The original equipment market and aftermarket are separate target markets.Since component parts go into finished products,a replacement market often develops.Car tires are components originally sold in the original equipment market that become consumer products in the aftermarket.Quality is important with components and requires dependable suppliers.

Regarding Component Parts,which of the Following Is True