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One of the Distinguishing Characteristics of Business Markets Is That

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One of the distinguishing characteristics of business markets is that there is a smaller number of larger buyers that account for most of the purchases. This distinguishing characteristic is called ______________demand.

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Definitions:

Oral Communication

The process of expressing ideas through the spoken word, important in personal and professional contexts for conveying information and building relationships.

Virtual Teams

Groups of individuals who work together from different geographic locations, connected by the internet and other technologies.

Videoconferencing

A technology that allows users in different locations to hold face-to-face meetings without having to move to a single location physically.

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