Which of the Following Is Most Likely Categorized as a Business

question 26

Multiple Choice

Which of the following is most likely categorized as a business market?

• A) government agencies that buy goods and services to produce public services
• B) individuals who buy goods and services for personal consumption
• C) firms that buy goods and services for further processing
• D) firms that buy goods and services to resell for profit
• E) retail outlets that buy goods and services to sell at discounted prices

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Definitions:

Operating Workers

Employees directly involved in the production of goods or delivery of services in an organization.

Department Supervisor

A managerial position responsible for overseeing the day-to-day operations and performance of a specific department within an organization.

Line Manager

A manager who directly oversees the work of employees and is responsible for ensuring that their team meets its goals and objectives.

Department Store

A large retail store offering a wide variety of goods organized into departments.