Section: Principles of Marketing
6)
Which of the following are products used to produce other products?
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Explanation
Industrial products are bought and sold with the purpose of building or manufacturing other products to be sold. Specialty products are goods that the consumer will use and will spend time and effort to purchase. Convenience products are consumer products and are purchased without much time and effort. Emergency goods are consumer products that are needed immediately. Consumer products are purchased by the final consumer and are not used to manufacture other products.