Which of the Following Statements Describes a Market Characteristic of B2B

question 93

Multiple Choice

Which of the following statements describes a market characteristic of B2B buying?

• A) Demand for goods is elastic and is affected by the price changes in the short run.
• B) The number of business buyers is higher than the number of buyers in B2C markets.
• C) Consumers buy goods to satisfy their own individual or household needs.
• D) Buyers are heavily influenced by personal tastes and brand reputation.
• E) The size of the orders is substantially larger than consumer purchases.

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Definitions:

Communication Styles

The various ways in which individuals express themselves and understand others during communication, influenced by cultural, personal, and situational factors.

Male And Female

Categories used to distinguish genders based on biological, physiological, and social attributes and differences.

Communication

The exchange of information, thoughts, or messages between individuals through various channels, essential for effective management and operations.

Communication Styles

The various ways individuals express their thoughts and information, including assertive, passive, aggressive, and passive-aggressive styles.