Business Products Are Classified into the Following Seven Categories According

question 64

Multiple Choice

Business products are classified into the following seven categories according to characteristics and intended uses: raw materials, installations, accessory equipment, component parts, process materials, business services, and

• A) production activities.
• B) service assistance.
• C) specialty industrial products.
• D) computer programming and operation services.
• E) MRO supplies.

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Definitions:

Programming Decisions

Choices made during the development of software that affect how a program operates or responds to user inputs.

Service Gaps

Refers to the difference between customer expectations for service quality and the actual service delivered, often used in marketing and customer service analysis.

Statistical Term

A word or phrase used in the field of statistics to describe a specific concept, method, or calculation related to data analysis.

Treatment Effect

Any measurable difference observed between a treatment and control group.