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Business and consumer products

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Products can be classified as either business/industrial or consumer products. Explain what distinguishes business products from consumer products and why it is important to understand this distinction.

Please explain clearly.

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The solution describes business and consumer products.

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The key thing that distinguishes business/industrial products from consumer products is that business and or business industrial products are products that are usually associated with the production and or manufacturing capabilities of business organizations. These products are used in helping a business to facilitate the production ...

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