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:

Epiphyseal Disk

A plate of cartilage between the epiphysis and the diaphysis.

Cartilage

A flexible, rubbery connective tissue found in various parts of the body, such as the joints.

Patella

The bone commonly referred to as the kneecap.

Sesamoid Bone

A small bone embedded within a tendon or muscle, typically found in locations such as the knee and the hand.