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Topic: Business
Number of pages / Number of words: 3 / 809
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Raw materials, components and assemblies often become part of the customers final product. Also, numerous services are required by customers in order to accomplish the final production of their output. All these activities of supplying goods and services to achieve the production of the customer’s final good are due to derived demand of industrial goods...

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All these activities of supplying goods and services to achieve the production of the customer’s final good are due to derived demand of industrial goods. This refers to the fact that demand for these goods and services is related to the demand for the customer’s product or service (Webster, 1979)...

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