Which type of business market tends to have the most complex buying procedures?
A) Reseller
B) Institutional
C) Retailer
D) Government
E) Producer

Question

Quizplus · Accepted Answer

Government organizations tend to have the most complex buying procedures compared to other business markets. This is due to their strict regulations, policies, and budgetary constraints that make it difficult for suppliers to navigate the procurement process. Additionally, government organizations often require suppliers to meet specific criteria before they can participate in the bidding process, which can add further complexity to buying procedures.

Which Type of Business Market Tends to Have the Most