A Good or Service That Is Intended Primarily for Personal

question 112

Multiple Choice

A good or service that is intended primarily for personal or household use is called a(n) ____ product.

• A) convenience
• B) business
• C) specialty
• D) consumer
• E) organizational

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Definitions:

Resources

A broad term encompassing any physical, financial, human, or informational assets that can be used to achieve specific goals or address needs.

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment, involving logic, reasoning, and a questioning mindset.

Problem-Solving

The act of finding solutions to difficult or complex issues, often involving a logical and systematic approach.

Decision-Making

The process by which individuals or groups select a course of action from among multiple alternatives.