Which of the Following Statements About Organizational Markets Is NOT

question 20

Multiple Choice

Which of the following statements about organizational markets is NOT true?

• A)Some consumers are included in the market.
• B)The size of purchases made in organizational markets is much larger than those made in consumer markets.
• C)Organizational markets are geographically concentrated.
• D)Organizational markets have a narrow customer base and a small number of buyers.
• E)Most demand for organizational products is derived and inelastic.

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Definitions:

Neuroconstructivist View

Theory of brain development emphasizing the following points: (a) biological processes and environmental conditions influence the brain’s development, (b) the brain has plasticity and is context dependent, and (c) the development of the brain and the child’s cognitive development are closely linked.

Biological Conditions

The state of living organisms and their processes, influenced by genetics, health status, and environmental factors.

Environmental Conditions

The state of the environment around us, including all living and non-living things that affect an organism's survival and development.

Plasticity

The capability of the brain to change and adapt in response to experience, learning, or injury.