Products That Are Purchased from a Business Firm for the Purpose

question 159

True/False

Products that are purchased from a business firm for the purpose of assembly into another product are industrial goods.

---

Definitions:

HMO

Health Maintenance Organization, a type of health insurance plan that requires members to receive healthcare services from a network of designated providers.

Providers

Entities or individuals that supply services or goods.

Medicare

A federal health insurance program in the United States for people aged 65 and older, and for some younger people with disabilities.

Brand Name Drugs

Medications sold under a proprietary, trademarked name, as opposed to their generic equivalents.