Solved

Which of the Following Statements Is True of Buyers in Consumer

Question 68

Multiple Choice

Which of the following statements is true of buyers in consumer markets versus buyers in business markets?


A) Buyers in consumer markets tend to be insensitive to price,while buyers in business markets are very particular about price.
B) Buyer demand for consumer products in consumer markets is less stable than buyer demand for business products in business markets.
C) Buyers in consumer markets approach purchasing more informally,while buyers in business markets approach purchasing more formally.
D) Buyers in consumer markets involve more people in a single purchase decision,while buyers in business markets involve less people in a single purchase decision.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions