Shawna’s business advisor asks her, “Will your products be used by the end consumer, or will they be purchased by businesses to create other products?” What will her answer help determine? (1 point) Responses Whether or not she will need a marketing plan Whether or not she will need a marketing plan Whether or not she will receive government investors Whether or not she will receive government investors Whether or not she will create industrial or consumer goods Whether or not she will create industrial or consumer goods Whether or not she will have a profitable business Whether or not she will have a profitable business
Whether or not she will create industrial or consumer goods
Shawna's answer will help determine whether she will create industrial or consumer goods.
Shawna's answer to her business advisor's question will help determine whether she will create industrial or consumer goods.
To understand why this is the case, let's break down the question. Shawna's business advisor is asking if her products will be used by the end consumer or purchased by businesses to create other products.
If her products are used by the end consumer, it means she is targeting individual consumers. In this case, she would be creating consumer goods, which are products intended for personal use and consumption. Examples of consumer goods include clothing, electronics, and food products.
On the other hand, if her products are purchased by businesses to create other products, it means she is targeting other businesses. This indicates that she would be creating industrial goods, which are products used by businesses in their production processes. Examples of industrial goods include machinery, raw materials, and components used in manufacturing.
The distinction between industrial and consumer goods is important because it determines the target market, marketing strategies, and business models that Shawna will need to employ.
If Shawna's products are consumer goods, she will likely need a marketing plan that focuses on targeting and attracting individual consumers. On the other hand, if her products are industrial goods, her marketing efforts may be more geared towards establishing relationships with other businesses and demonstrating the value of her products in their production processes.
Therefore, Shawna's answer to her business advisor's question will help determine whether she will create industrial or consumer goods, which in turn will affect various aspects of her business, including whether or not she will need a marketing plan.