Which of the Following Is Not a Characteristic of a Consumer

question 137

Multiple Choice

Which of the following is not a characteristic of a consumer market?

• A)It consists of purchasers who intend to consume or benefit from the purchased products.
• B)It is sometimes referred to as a B2C market.
• C)Purchasing decisions are always made by one individual.
• D)Everyone belongs to numerous markets of this type.

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Definitions:

Buyer Requirement

The specific conditions and characteristics that potential customers seek when purchasing a product or service.

Channel Conflict

Disputes or competition among different distribution channels of the same product, which can lead to reduced efficiency and profitability for a manufacturer.

Disagreements

Occurrences of conflicting opinions or views among individuals or groups.

Trade Discounts

A reduction in the listed price of goods or services offered by sellers to buyers in the business-to-business market or in bulk purchases.