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Individuals and Business Organizations That Purchase Products for the Purpose

Question 1

Multiple Choice
Individuals and business organizations that purchase products for the purpose of making a profit either by using the products to produce other products or by using them in their operations are classified as ____ markets.
A) consumer
B) institutional
C) producer
D) government
E) reseller

Individuals and business organizations that purchase products for the purpose of making a profit either by using the products to produce other products or by using them in their operations are classified as ____ markets.


A) consumer
B) institutional
C) producer
D) government
E) reseller

Correct Answer:

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