What Is a Primary Difference Between Business and Consumer Buyers

question 60

Multiple Choice

What is a primary difference between business and consumer buyers?

• A) Consumer buyers require more product information than business buyers.
• B) Business purchases are made by one individual whereas families make consumer purchases together.
• C) Repeat sales are more common with consumer buyers than business buyers.
• D) Consumers primarily buy inexpensive items; businesses only buy expensive items.
• E) Business buyers generally make larger orders than consumer buyers.

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Definitions:

Slave Systems

The organized and institutionalized practice of owning humans as property for the purpose of forced labor, prevalent in many societies historically, notably in the Americas.

European Colonies

Territories acquired and governed by European powers, often overseas, where they exploited resources and imposed their control over indigenous populations.

Native American Societies

The diverse cultures, languages, and communities of the indigenous peoples of North and South America.

Social Institution

denotes the organized patterns of belief and behavior centered around fundamental social needs, such as families, education, religion, and economic systems.