The ________ market consists of all the organizations that acquire goods and services used in the production of other products or services that are sold, rented, or supplied to others.
A) business
B) consumer
C) e-commerce
D) global
E) domestic

Question

Quizplus · Accepted Answer

The definition given describes the business market or B2B market, where organizations purchase goods and services for use in their own production process to ultimately sell or supply to others. The other options, such as consumer, e-commerce, global, and domestic markets, do not accurately capture this description.

The ________ Market Consists of All the Organizations That Acquire