Goods and services are classified as either consumer or business,depending on the

A) amount of service required on the item
B) buying motives of the purchasers
C) cost of the particular item
D) purchasers of the particular item as consumers or businesses

Consumer

An individual or group who purchases goods or services for personal use and not for manufacture or resale.

Business

The activity of making one's living or making money by producing or buying and selling products or services.

Buying Motives

The psychological triggers or driving forces that prompt a consumer to make a purchase decision.