Fresnas Inc., an oil refinery, buys crude oil and converts it into various products such as gasoline, kerosene, and diesel. Fresnas Inc., then, sells these products to other companies or retailers. Based on this information, which segment of the business market is most likely represented by Fresnas Inc.?

Question

Quizplus · Accepted Answer

Fresnas Inc. is involved in the production process by converting crude oil into various products to be sold to other companies or retailers. Therefore, they best represent the Producers segment of the business market.