Which of the following statements about business markets are true?
A) Business markets have a narrow customer base and a small number of buyers.
B) Most demand for business products is derived and inelastic.
C) The size of purchases made in business markets is much larger than those made in consumer markets.
D) Business markets are geographically concentrated.
E) All of the above
Correct Answer:
Verified
Q3: The major classes of business-to-business customers are
Q4: Business-to-business or organisational markets include _.
A)government agencies
B)retailers
C)manufacturers
D)wholesalers
E)All
Q5: An outdoor sign company uses full-size vinyl
Q6: A restaurant chain's demand for beef is
Q7: Which of the following statements about business
Q9: Hotels fulfil the role of producer when
Q10: _ occurs when two or more goods
Q11: The fluctuating demand for business products is
Q12: The success of one company in one
Q13: A seafood products manufacturer designs an advertising
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