Tag Archives: consumer goods industry

In addition based on durability, the products are also classified by whom and for what products consumers are consumed. Based on these criteria, the product can be divided into consumer goods (consumer’s goods) and industrial goods (industrial’s goods). Consumer goods are goods that are consumed for the benefit of the final consumer’s own (individual and household), not for business purposes. ...

Industrial goods are goods that are consumed by industrialists (among consumers or business customers) for purposes other than direct consumption, namely: a. To be changed, then manufactured into other goods resold (by the manufacturer). b. For resale (by traders) without physical transformation (production process). Industrial goods can be classified based on its role in the production process and their relative ...