Final answer:
.Masco is a consumer discretionary company that manufactures and distributes home improvement and building products such as faucets, cabinets, and paints.
Step-by-step explanation:
.masco is a consumer discretionary company. The term 'consumer discretionary' refers to goods and services that are not considered essential for daily living, but rather are purchases that consumers choose to make based on their personal preferences and desires.
Consumer discretionary companies are often involved in industries such as retail, travel and leisure, and entertainment. Masco Corporation, for example, is a manufacturer and distributor of home improvement and building products, such as faucets, cabinets, and paints. These products are not necessities, but consumers may choose to purchase them to improve or decorate their homes.
Therefore, the statement 'masco is a consumer discretionary company' is True.