Which of the Following Statements Is True of Industrial Markets

question 77

Multiple Choice

Which of the following statements is true of industrial markets?

• A) Demand in industrial markets is nonvolatile by nature.
• B) Industrial markets are unaffected by derived demand.
• C) Industrial sellers tend to have small numbers of customers upon which they are more dependent.
• D) Sales of industrial goods are stable and do not fluctuate.
• E) Professional buyers in industrial markets tend to undertake dissimilar investment actions to achieve the same goal.

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Definitions:

American Companies

Pertains to businesses or corporations that are established, registered, and operate primarily within the United States.

Evaluation Apprehension

The concern or anxiety individuals feel when they know they are being assessed or judged by others.

Creative Solutions

Innovative or imaginative outcomes that solve problems or address challenges in unique and effective ways.

Production Blocking

A phenomenon where group processes inhibit individual members from contributing ideas or content simultaneously.