Question

Which of the following refers to the products an organization uses in its daily operations, such as the robotics Ford uses to assemble automobiles?

A) Capital product.
B) Consumer product.
C) Convenience product.
D) Shopping product.

Answer 1

Capital products are the products that an organization uses in its daily operations, such as robotics used to assemble automobiles.

Step-by-step explanation:

The products that an organization uses in its daily operations, such as the robotics Ford uses to assemble automobiles, are referred to as capital products. Capital is a factor of production that has been produced for use in the production of other goods and services. Examples of capital products include office buildings, machinery, and tools.