Question

How does an industrial product differ from a consumer product? Discuss the types of industrial products and provide an example of each?

Answer 1

Answer:

here

Explanation:

Industrial goods are materials used in the production of other goods, while consumer goods are finished products that are sold to and used by consumers. ... They are made up of machinery, manufacturing plants, raw materials, and any other good or component used by industries or firms

Marketers have classified products into two groups based on the types of customers who buy them. These two classifications are consumer products and industrial products. The consumer products are the products that people buy for personal consumption. On the other hand, industrial products are the products that are bought for further processing or for use in a business process and not for personal consumption.

Answer 2

Answer:

h

Explanation: