ECONOMICS
ECONOMIC SYSTEMS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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island
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market
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supply
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area
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Detailed explanation-1: -Business marketers generally deal with sophisticated employees whereas it is not at all necessary every end user in consumer market would respond to marketers politely. Business buyers generally are educated and well informed. In consumer market, your buyer can be anyone-educated, uneducated, labour and so on.
Detailed explanation-2: -Consumers. The terms customer and consumer are nearly synonymous and are often used interchangeably. However, there exists a slight difference. Consumers are defined as individuals or businesses that consume or use goods and services.
Detailed explanation-3: -Key Takeaways Place utility involves making products or services available in locations that allow consumers to easily access them.