BACHELOR OF BUSINESS ADMINISTRATION

Detailed explanation-1: -Instead of looking at only the firms that sell and promote their products, they have begun looking at all the organizations that figure into any part of the process of producing, promoting, and delivering an offering to its user. All these organizations are considered part of the offering’s supply chain.

Detailed explanation-2: -A market segment is a group of people who share one or more similar characteristics. Corporations and marketing teams use various criteria to develop target markets for their products and services.

Detailed explanation-3: -B2B is short for “business to business.” It’s a business model in which the companies involved create products and services for other businesses and organizations. B2B companies can include software as a service (SaaS), marketing firms, and businesses that create and sell various supplies.

Detailed explanation-4: -Producer markets-In the business market, producers are an organization that purchases goods and services to make a profit by using them in the production of other goods. For example, a restaurant has to purchase a particular product to produce goods and services that sell to make some profit.