how are products classified
Answers
Answer:
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Explanation:
Goods or products are classified as either consumer goods or industrial goods. ... There are many goods, such as typewriters and stationery can be classified as both industrial and consumer goods. Marketers have traditionally classified products on the basis of three characteristics – durability, tangibility and use.
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Answer:
Everything you need to know about the classification of products. Goods or products are classified as either consumer goods or industrial goods.
Consumer goods are produced for the personal use of the ultimate consumer, while industrial goods are produced for industrial purposes. There are many goods, such as typewriters and stationery can be classified as both industrial