When Compared to the Consumer Market, the Business-To-Business Market

question 135

Multiple Choice

When compared to the consumer market, the business-to-business market:

• A)is more geographically dispersed
• B)bases buying decision more on emotions than rational thought
• C)is lower in volume
• D)uses more direct channels of distribution
• E)is accurately described by all of the above

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Definitions:

Tax

A mandatory charge or alternative form of financial levy extracted from a taxpayer by governmental authorities for the aim of supporting governmental spending and numerous public financial commitments.

Diversity

entails the inclusion and representation of different types of people and viewpoints in a group, organization, or society, valuing differences in race, gender, age, cultural background, etc.

Value-based Management

Management that actively develops, communicates, and enacts shared values.

Corporate Culture

encompasses the beliefs, behaviors, values, and symbols that are accepted generally by employees of an organization, influencing its identity and actions.