Bundle: Foundations of Business, Loose-Leaf Version, 5th + MindTap Introduction to Business, 1 term (6 months) Printed Access Card
Bundle: Foundations of Business, Loose-Leaf Version, 5th + MindTap Introduction to Business, 1 term (6 months) Printed Access Card
5th Edition
ISBN: 9781337494809
Author: William M. Pride, Robert J. Hughes
Publisher: Cengage Learning
bartleby

Concept explainers

Question
Book Icon
Chapter 12, Problem 2DQ
Summary Introduction

To determine: The major factor that determines whether a product is a consumer or a business product.

Introduction: Consumer goods are goods purchased for utilization by the normal buyer. Then again called final goods, consumer goods are the final product of manufacturing and are what a consumer will see on the store rack.

Blurred answer
Students have asked these similar questions
Give four reasons that might explain why a product isn’t already in the market.
What is the price at which the product becomes tooexpensive for the target market?
How can an industry put pressure on demand for a product? What are the steps or ways to put pressure on a products demand?
Knowledge Booster
Background pattern image
Marketing
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, marketing and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Marketing
Marketing
ISBN:9780357033791
Author:Pride, William M
Publisher:South Western Educational Publishing
Text book image
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Text book image
Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning