he likely implications for a competitor with an industry that has relatively high cost of sales yet maintains a competitive gross margin is likely?   a) An indicator that the company should divest and/or seek new opportunities   b) A company that has higher general and admin expenses   c) A differentiator with additional product features   d) A signal that the co

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Product and Service Classification

Classification of goods and services categorized between industry and customer goods is known as Product and Service classification. It is based on brands, quality, and quantity which companies deliver to the concerned client. Industrial goods are produced for industrial work, whereas consumer goods are produced for personal consumption by the customers. Marketing and sales need technological methods, a healthy environment, proper market strategies, marketing environment in terms of productivity and profit.