Which of the following statements is true about business-to-business (B2B)markets?
A)Institutions such as hospitals and prisons are excluded from conducting B2B transactions.
B)Distributors in a B2B market are those which usually buy raw materials, components, and parts that allow them to manufacture their own goods.
C)Usually, information about government buying can be obtained from Business Access Canada or from MERX.
D)In a B2B market, resellers completely alter the form of the product before selling it.
E)In most countries, the central government tends to be one of the smallest contributors to the purchase of goods and services.

Question

Quizplus · Accepted Answer

Statement C is true because government procurement information is often accessible through specific platforms or services like Business Access Canada or MERX, which provide details on government buying requirements, tenders, and contracts.

Which of the Following Statements Is True About Business-To-Business (B2B)markets