Product Categories
Product Categories
1. Definition of Product Categories (CBO)
Consumer Products: Purchased by the final consumer.
Business Products: Purchased by other industries or firms.
2. Subcategories of Business Products (PS)
Production Goods (RC):
Raw materials
Component parts
Support Goods (MFST):
Machinery
Fixed equipment
Software systems
Tools assisting production process
3. Overlapping Products (C)
Examples:
Computers can be both consumer products and business products, depending on the purchaser and user.