Industrial Markets Differ from Consumer Markets in That

question 19

Multiple Choice

Industrial markets differ from consumer markets in that

• A) the demand for industrial goods is more volatile than the demand for consumer goods.
• B) the market for industrial goods is insignificant in comparison to the market for consumer goods.
• C) industrial goods are marketed domestically whereas consumer goods are marketed internationally.
• D) industrial products are always more expensive than consumer products.
• E) industrial products use the same level of technology for all products making it appropriate for all countries whereas consumer goods need to be customized for each market.

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