Which of the Following Statements Does NOT Describe the Business

question 45

Multiple Choice

Which of the following statements does NOT describe the business market?

• A) Organizational buying decisions are usually made by independently by the purchasing agent while consumer buying decisions are made jointly.
• B) Business customers tend to be more geographically concentrated,and customers in consumer markets tend to be more geographically dispersed.
• C) The channel of distribution tends to be shorter for business markets than for consumer markets.
• D) Purchasing by businesses is a more formal process than it is in consumer markets.
• E) Business marketers tend to have far fewer customers than consumer marketers.

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Definitions:

Sandstone

A sedimentary rock formed by the consolidation and compaction of sand and held together by a natural cement, such as silica.

Cement

1. A natural material precipitated in the pore spaces between grains, helping to hold the grains together. 2. A processed, whitish powder, typically derived from calcium carbonate, that sets to a solid mass when mixed with water and usually other materials.

Sedimentary Rocks

Rocks formed by the accumulation and consolidation of sediment, typically layered and including types such as sandstone and shale.

Calcite

A mineral made of calcium carbonate (CaCO3), one of the most common minerals on Earth's surface and a primary component of limestone.