Consumer markets are more important to a company than commercial markets because consumer markets are observable daily and are visible to the public.

Question

Quizplus · Accepted Answer

Both consumer and commercial markets hold significant importance for a company. However, the statement that consumer markets are more important than commercial markets because they are observable daily and visible to the public is not entirely accurate. Many commercial markets are also visible to the public and can have a substantial impact on a company's success. Additionally, commercial markets often involve long-term contracts, leading to more stable revenue streams compared to consumer markets. Therefore, both consumer and commercial markets should be considered important for a company's success.

Consumer Markets Are More Important to a Company Than Commercial