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.