Which of the following statements about the government market is True?
A) The government market includes both the business market and the consumer market.
B) Spending by the federal government accounts for almost 25 percent of the U.S.'s gross national product.
C) Government buying processes are identical to those used in the private sector.
D) The standard format used by government buyers is the RFP (request for funds for purchase) .
E) No firm should sell exclusively to government markets.
Correct Answer:
Verified
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