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Examveda

Industrial products are

A. Purchased for personal consumption

B. Frequently purchased for both their functional aspects and their psychological rewards

C. Traditionally classified according to their characteristics and intended uses.

D. Not purchased by non-business organisations.

Answer: Option C

Solution(By Examveda Team)

Industrial products are traditionally classified according to their characteristics and intended uses. An industrial product is a good used by a company for business consumption.

This Question Belongs to Management >> Marketing

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