Match Each Item with the Correct Statement Below

question 45

Multiple Choice

Match each item with the correct statement below.
-_____ is the process of dividing a B2B market into groups on the basis of their size,sales revenues,or number of employees.

• A)merchandisers
• B)trade industries
• C)remanufacturing
• D)nearshoring
• E)end-use application segmentation
• F)global sourcing
• G)joint demand
• H)inelastic demand
• I)outsourcing
• J)value analysis
• K)gatekeeper
• L)commercial market
• M)reciprocity
• N)vendor analysis
• O)category advisor
• P)modified rebuy
• Q)demographic characteristics based segmentation
• R)influencers
• S)buyer
• T)customer-based segmentation

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Definitions:

Government Intervention

Actions taken by a government to affect or interfere with decisions made by individuals or organizations in order to correct market failures or achieve social goals.

Classical Economic Model

A framework in economics that emphasizes free markets, competition, and the minimal role of government intervention in the economy.

Corporate Social Responsibility Model

A strategic framework for companies to voluntarily incorporate social and environmental concerns into their business operations and interactions with stakeholders.

Maximizing Profits

The process of making the highest possible profit from business operations within the given market conditions.