Which of the Following Statements About "Business Marketing" Is NOT

question 80

Multiple Choice

Which of the following statements about "business marketing" is NOT true?

• A)50 percent of all manufactured goods are sold in this "business market"
• B)approximately 80 percent of all farming output is sold to this market
• C)nearly 100 percent of all minerals and forest products are sold to this market
• D)the actual size of this market is very small; hence, little public attention is paid to this market
• E)this market is largely unknown to an average consumer

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Definitions:

Imagination-Based Strategy

A method of planning that involves creative thinking and envisioning novel solutions to problems or challenges.

Shampoo

A hair care product designed to clean the scalp and hair, removing dirt, oil, and other impurities.

Viable Opportunity

An opportunity that has a realistic chance of success, offering potential for profit or benefit.

Generate Value

The process of creating or enhancing products, services, or technologies that customers or clients find worthwhile and are willing to pay for.