define the terms consumer goods, services, and industrial goods

Q: Cite consumer actions for minimal environmental impact other than recycling

A: Introduction:- Developing countries Such as india, which are known for their human religious…

Q: influence consumer buyer behaviour and steps individual consumer consider before making final…

A: Consumer buyer behaviour is influenced by many factors such as:  1.) Psychological Factors- These…

Q: What are the factors used to produce goods and services?

A: Product development is the process which is taken place in marketing function. It is because…

Q: Discuss the unique aspects of business buying behavior

A: Business buyer behavior refers to the buying behavior of organizations that buy goods and services…

Q: Offensive and Defencsive Marketing Strategy Examples for Motor Industry

A: Offensive marketing can be explained as marketing strategy through which the company tries to gain…

Q: e product as a

A: Buying refers to the act of acquiring anything, whether it be a good or a service, by the exchange…

Q: Describe Factors Determining the Level of Consumer Involvement ?

A: Consumer involvement is defined as the state of mind which motivates consumers to identify with…

Q: list and explain the steps marketers undergo to develop new products

A: Business is when group of people come together to create value for shareholders and customers.…

Q: Give two examples of markets for goods and markets for services

A: A market is where purchasers and merchants can meet to work with the trade or exchange of labor and…

Q: Define the business market and identify the major factors that influence business buyer behavior.

A: Business market can refer to the process of selling a product or service to other businesses. Those…

Q: Explain the sponsibilities of business to consumers concerning product quality, prices, and labeling…

A: Marketing aim to provide goods and services to consumers as per consumers expectations. Labelling…

Q: Develop marketing mixes for services

A: Marketing mixes are important for a product or a service. Firms have to understand and develop…

Q: Explain the following business marketing segments: producers resellers institutional buyers…

A: Business-to-business (B2B) market segments are separate groupings or categories of clients or…

Q: explain the different types of consumer and industrial products

A: Industrial products depend on the interest for the shopper products they help to deliver. Industrial…

Q: Identify the major factors that influence business buyer behavior.

A: Most of the organizational purchase decisions are influenced by the firm's external and internal…

Q: Describe consumer behavior and its role inmarketing decisions

A: Consumer Behavior shows the factors which affect the consumer’s decision and the behavior as a…

Q: How does direct and indirect costs affects the food industry business?

A: In the food industry, both direct and indirect costs play crucial roles in shaping the financial…

Product and Service Classification

Classification of goods and services categorized between industry and customer goods is known as Product and Service classification. It is based on brands, quality, and quantity which companies deliver to the concerned client. Industrial goods are produced for industrial work, whereas consumer goods are produced for personal consumption by the customers. Marketing and sales need technological methods, a healthy environment, proper market strategies, marketing environment in terms of productivity and profit.