Business to Consumer - What is a consumer business definition?

Q: What is a consumer business definition?

Consumers are defined as individuals or businesses that consume or use goods and services. Customers are the purchasers within the economy that buy goods and services, and they can exist as consumers or alone as customers.

Answer

Anyone who uses products and services, whether they be individuals or corporations, is considered a consumer. People who buy products and services are known as customers. Customers might be consumers or they can exist independently.

Business to Consumer - What is a consumer business definition?

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