The business or industrial market is BEST described as the market consisting of:
A) all the individuals and organisations acquiring goods and services used in the production of other goods and services.
B) all the individuals and organisations that acquire goods for the purpose of reselling or renting them to others, usually at a profit.
C) government units at all levels-federal, state and local government-that purchase or rent goods used in carrying out their functions.
D) schools, hospitals, nursing homes, prisons, and other institutions that provide goods and services to people in their care.
E) all the individuals and organisations acquiring goods and services for use in not- for- profit activities.
Correct Answer:
Verified
Q1: When a business seeks to solve its
Q2: Demand for goods and services as business
Q4: The reseller market is BEST described as
Q5: Colonial Antiques specialises in handling merchandise from
Q6: A relatively routine type of purchase occurs
Q7: The Head Gardener at Slitrig Gardens was
Q8: Colleen sells art and decorative supplies to
Q9: At which stage of the procurement process
Q10: Beatrice runs a small gardening supplies retail
Q11: The business market differs from the consumer
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