Business Studies, asked by Abidali4727, 1 year ago

Difference between consumer and industrial products goods given in difference chart

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Answered by preetisharma19p7bq3q
2
Consumer product goods
Consumer packaged goods (CPG) is an industry term for merchandise that customers use up and replace on a frequent basis. Examples of consumer packaged goods include food, beverages, cosmetics and cleaning products.

industrial Product Goods

manufacturing plants, materials, and other goods or component parts for use or consumption by other industries or firms. Demand for industrial goods is usually based on the demand for consumer goods they help produce (called derived demand).
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