answersLogoWhite

0

A consumer good is a product intended for final use by an individual.

User Avatar

Wiki User

10y ago

What else can I help you with?

Continue Learning about Other Business

How do you endorse a check for purposes not intended?

Endorsing a check for purposes not intended is generally considered fraudulent and illegal. If you endorse a check with the intent to use the funds for a purpose other than what was designated, you could face legal repercussions. It's important to always use checks as intended and to seek proper authorization if you need to redirect funds. If you have a legitimate need to change the purpose, it's best to consult with the issuer or a financial advisor for guidance.


Why do companies use outsourcing?

Companies use outsourcing because the can find cheap raw materials for the product that they are making.


What is a bulk-increasing business?

Bulk increasing business increases the weight or volume of the final product compared to the size or weight of the inputs used. For example, if we produce juice concentrates from oranges then we are in bulk reducing business. As we took a lot of oranges to produce a relatively little amount of powder. However, if we use the juice concentrate to product bottles or cartons of fruit drinks then we are in bulk increasing business. The water as a raw material is identical in input and output but the volume of glass and paper has definitely increased. Another example of bulk-increasing business will be furniture as the size of a chair is far bigger than the piece of wood being used to manufacture it.


What is export through a domestic intermediary?

Depends on who you use. If you use an EMC they can interperet language for you and assist you in getting your product out while abiding by the EAR regulations. However if you choose to use an ETC, they will by the product from you being that your end sale will be in the U.S. there for you are not exporting and then the ETC will ship out to the foreign are and make the profit. I suggust doing further research before making a desicion.


Importance of business organization?

1it leads to product growth 2 it leads to efficient use of factors of production 3it provides optimum use use of technological improvements 4quick decision making 5use of skilled salesmen

Related Questions

What is a consumable products?

A consumer product is a product designed and intended for use by an individual in private life, as opposed to use by a business or organization.


Durable goods intended for final use by individuals are called?

Consumer goods are durable goods intended for final use by individuals.


What is an EULA intended to do?

license software for individual use


What is product defect?

Any characteristic of a product that hinders its use for its intended purpose is a product defect. The defect can cause a product to be dangerous or useless.


What is the factor that determines whether a product is classified as a consumer product or an industrial product?

The primary factor that determines whether a product is classified as a consumer product or an industrial product is its intended use. Consumer products are designed for personal, household, or family consumption, while industrial products are intended for use in the production of other goods or for business operations. The purchasing decision and target market also influence this classification, as consumer products are typically marketed to individual consumers, whereas industrial products are aimed at businesses and organizations.


Can you use not tested on animals products on animals?

It will depend on the individual product. The two statements you are referencing are "Not tested on animals" and "For animal use". The phrase "not tested on animals" means the product was not tested for human safety on animals - it is a humane statement, not a statement of toxicity. The phrase "for animal use" means the product is intended for use on animals, but it may or may not have been tested on animals prior to marketing.


What involves the purchase of items by an unauthorized or authorized individual intended for personal use ie items that are personal in nature and not likely to be a government re?

Fraudulent Transactions involves the purchase of items by an unauthorized or authorized individual intended for personal use.


What is the definition of final product?

A final product is the end result of a production process, typically an item that is ready for use or sale in the market. It is the completed form of a product after all stages of production have been completed.


What is a finished product used by an individual for personal use?

Consumer good


What invovles the purchase of items by an unauthorized or authorized individual intended for personal use ie jewelry furs?

A fraudulent transaction involves the purchase of items by an unauthorized or authorized individual for personal use.


What is the definition of re-marketing?

Remarketing is activity intended to encourage renewed use of a product in which market interest has declined.


What is meant by workstations?

A workstation is a computer intended for individual use that is faster and more capable than a personal computer.