Industrial products have few national differences in consumer taste and preference, hence the need for local responsiveness is reduced for such products.

The correct answer is true.

Explanation:

Industrial products are the goods used by a company for its own business consumption. They are different from consumable products, which are goods purchased by individuals for personal and family use.

A company that sells products to another company for business consumption is an excellent example of business-to-business or B2B marketing. Industrial products are based on the demand for the consumption elements that help produce. They are classified as production goods or support goods.

answerjointly by the fed and by the behavior of individuals who hold money and of banks in which money is held;

answermarket demand;