Who are the firms who provide goods and services that are used by the purchasing public?
A) Services markets
B) Industrial markets
C) Reseller markets
D) Government markets
E) Institutional markets

Question

Quizplus · Accepted Answer

Services markets provide goods and services that are used directly by the purchasing public such as healthcare, education, entertainment, and hospitality services. Industrial markets provide goods and services that are used in the production of other goods and services, while reseller markets involve the sale of goods to other businesses for resale. Government markets refer to the procurement of goods and services by government agencies, while institutional markets include non-governmental organizations such as hospitals, schools, and religious organizations.

Who Are the Firms Who Provide Goods and Services That