MANAGEMENT

BUISENESS MANAGEMENT

MARKETING

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
A consumer would be best defined as ____
A
A person who purchases goods and services for personal use
B
A business that consumes other businesses
C
A business or person who creates a product to sell
D
A person who purchases goods in order to resell them.
Explanation: 

Detailed explanation-1: -A consumer is a person or a group who intends to order, or uses purchased goods, products, or services primarily for personal, social, family, household and similar needs, who is not directly related to entrepreneurial or business activities.

Detailed explanation-2: -A consumer is a person who purchases and uses goods and services by paying or agreeing to pay a price for them.

Detailed explanation-3: -A consumer is the one who purchases the product for his/her own need and uses or consumes it. A consumer cannot resell the good, product or service but can consume it to earn his/her livelihood and self-employment. Definition of consumer. The consumer is the one who is the end-user of any goods or services.

Detailed explanation-4: -Any individual who purchases products or services for his personal use and not for manufacturing or resale is called a consumer. A consumer is one who is the decision-maker whether or not to buy an item at the store or someone who is influenced by advertisement and marketing.

There is 1 question to complete.