Which of the Following Is True for Business Marketers

question 54

Multiple Choice

Which of the following is true for business marketers?

• A) They deal with more and larger buyers than consumer marketers.
• B) They deal with more and smaller buyers than consumer marketers.
• C) They deal with fewer and larger buyers than consumer marketers.
• D) They deal with fewer and smaller buyers than consumer marketers.
• E) They deal with the same kind of buyers as consumer marketers.

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Definitions:

Non-Cancelable

A contract or agreement clause indicating that the arrangement cannot be terminated before its expiration.

Nonrenewable

Resources or energy sources that cannot be replaced or replenished once they are consumed, such as fossil fuels.

Implicit Interest Rate

Implicit interest rate is the interest rate implied in the terms of a lease or loan, calculated based on the initial amount and the future payments or receipts.

Incremental Borrowing Rate

The interest rate a lessee would have to pay to borrow on a collateralized basis over a similar term an amount equal to the lease payments.