Which type of goods are typically bought for personal use?

Which type of goods are typically bought for personal use?

• A. Industrial goods
• B. Consumer goods
• C. Convenience goods
• D. Specialty goods

Answer: (B)

Consumer goods are typically bought for personal use, as they are products intended for the end-user rather than for business or industrial purposes. This category encompasses a wide range of items that people regularly purchase for their daily lives, such as clothing, food, and household items. They are generally marketed directly to consumers and are designed to meet their personal needs and preferences. Within consumer goods, there are further classifications, such as convenience goods, which are items that are easily accessible and purchased frequently, and specialty goods, which are high-end products that require more purchasing effort. However, the broader category of consumer goods captures all products meant for personal consumption, making it the most fitting answer to the question.

Consumer goods are typically bought for personal use, as they are products intended for the end-user rather than for business or industrial purposes. This category encompasses a wide range of items that people regularly purchase for their daily lives, such as clothing, food, and household items. They are generally marketed directly to consumers and are designed to meet their personal needs and preferences.

Within consumer goods, there are further classifications, such as convenience goods, which are items that are easily accessible and purchased frequently, and specialty goods, which are high-end products that require more purchasing effort. However, the broader category of consumer goods captures all products meant for personal consumption, making it the most fitting answer to the question.