The Fact That Business Customers Purchase Products to Be Used

question 4

Multiple Choice

The fact that business customers purchase products to be used directly or indirectly in the production of goods and services to satisfy customers' needs means that demand for business products is:

• A) joint.
• B) economically instable.
• C) derived.
• D) inelastic.
• E) more fluctuating.

---

Definitions:

Business Activities

Actions undertaken by organizations, such as producing, selling, marketing, and managing, to earn profits and fulfill their mission.

Formal Statement

An official or structured declaration of facts, principles, or intentions.

Ethical Business Attitudes

The demonstration of moral principles and values by businesses in their decision-making processes.

Code of Ethics

A set of principles designed to guide the professional conduct of members within an organization or profession.