Asked by Lauren Sanchez on Feb 18, 2024
Verified
How does a consumer differ from a customer?
A) The consumer pays for the product or service.
B) The consumer uses the product or service.
C) The consumer is a repeat purchaser of the product or service.
D) The consumer stays with a particular company for purchase of the product or service.
- Understanding the distinction between a consumer and a customer.
- Recognizing that the consumer pays for the product or service.
- Understanding that the consumer uses the product or service.
Verified Answer
KS
Kayla SellersFeb 18, 2024
Final Answer :
B
Explanation :
A customer is someone who buys a product or service from a company, while a consumer is someone who uses or consumes the product or service. In some cases, the customer and the consumer may be the same person, but in other cases, they may be different. For example, a parent may be the customer who purchases a toy for their child, but the child is the consumer who actually uses the toy.
Learning Objectives
- Understanding the distinction between a consumer and a customer.
- Recognizing that the consumer pays for the product or service.
- Understanding that the consumer uses the product or service.
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