Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The business market consists of all the organizations that acquire goods and services used in the production of other products or services that are sold,

The business market consists of all the organizations that acquire goods and services used in the production of other products or services that are sold, rented, or supplied to others. Describe how the business market is different from the consumer market.

The answer should cover the below points along with a detailed explanation

- Define and explain Business Market and Consumer Market and a brief explanation how it differs

- Explanation using derived, inelastic, joint, fluctuating demand using the example to explain

- References

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Marketing Mistakes And Successes

Authors: James F. Dartley

11th Edition

978-0470169810, 0470169818

More Books

Students also viewed these Marketing questions

Question

Distinguish between poor and good positive and neutral messages.

Answered: 1 week ago

Question

Describe the four specific guidelines for using the direct plan.

Answered: 1 week ago