GCE Marketing 2025 Objective — Question 7
Question 7 of 40 from the General Certificate of Education (GCE) Marketing 2025 Objective paper, with the correct answer and a full explanation.
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A tractor bought for use by a farmer is an example of
- A. industrial goodsCorrect
- B. convenience goods
- C. consumer goods
- D. unsought goods
Explanation
Industrial goods are products purchased for use in business operations or production processes; a tractor used for agricultural production is an industrial good because it's used for business purposes rather than personal consumption.
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