Which of the following is most likely categorized as a business market?
A) government agencies that buy goods and services to produce public services
B) individuals who buy goods and services for personal consumption
C) firms that buy goods and services for further processing
D) firms that buy goods and services to resell for profit
E) retail outlets that buy goods and services to sell at discounted prices

Question

Quizplus · Accepted Answer

Business markets consist of firms that buy goods and services for further processing or for use in their production processes.

Which of the Following Is Most Likely Categorized as a Business