Which of the Following Statements About the Distinction Between Consumer

question 82

Multiple Choice

Which of the following statements about the distinction between consumer goods and industrial goods is the most accurate?

• A)The same product can be classified as either a consumer good or an industrial good,depending upon its end use.
• B)Industrial goods tend to have a useful life of several years and can be depreciated while consumer goods typically last less than a year.
• C)Consumer goods are typically more expensive than industrial goods.
• D)Industrial goods are custom-made to the specifications of the buyer,while the vast majority of consumer goods are mass-produced.

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Definitions:

Transactional Leader

A leader who focuses on the role of supervision, organization, and group performance; they are concerned with maintaining the normal flow of operations.

Leader Punishment Behaviour

Actions taken by leaders to penalize or discipline members of an organization for substandard performance or undesirable behavior.

Intellectual Stimulation

Activities or interactions that challenge and enhance cognitive and creative abilities.

Management By Exception

Leadership that involves the leader taking corrective action on the basis of the results of leader–follower transactions.