Which of the Following Is True of Business Markets

question 113

Multiple Choice

Which of the following is true of business markets?

• A) Buyers are usually not skilled at comparing competitive product offerings.
• B) Buyers have limited purchasing power.
• C) Property rights, language, culture, and local laws are the most important concerns.
• D) Products sold in such markets are usually highly standardized.
• E) Business buyers purchase goods to make or resell a product to others at a profit.

---

Definitions:

General Mood Competency

The ability to effectively manage and influence one's emotional state and outlook.

Flexibility

The willingness and ability to adapt to new situations or changes in one's environment.

Independence

The state or quality of being self-sufficient and not dependent on external support or control.

Stress Tolerance

The ability to cope with stress in a healthy way, allowing an individual to face challenging situations without losing efficacy.