A | B |
Industrial goods and services | Products purchased by producers for resale, to make other goods and services, and/or to use in business operations |
Market research | The systematic gathering, recording, and analyzing of data about a specific issue, situation, or concern that affects a market |
Installations | High-cost, long-lasting industrial goods that are used to produce other goods and services |
Noneconomic want | A desire for something that can be satisfied without spending money |
Materials | Industrial goods that become part of a finished product after they have been processed |
Parts | Industrial goods that become part of a finished product without any additional processing |
Producers | The people who make or provide goods and services |
Impulse item | Any item purchased as a result of an on the spot decision to buy |