GK
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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____ consists of consumers who purchase goods and services for personal use.
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Industrial market
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consumer market
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business market
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labor market
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Explanation:
Detailed explanation-1: -A consumer market is a market when individuals purchase products or services for their own personal use, as opposed to buying it to sell themselves. Consumer markets consist primarily of products that people use as part of their everyday lives.
Detailed explanation-2: -The consumer market consists of all the individuals and households that buy or acquire goods and services for personal consumption.
Detailed explanation-3: -Food and beverage. The food and beverage segment of the consumer market is expansive and includes every vendor that sells food and beverages directly to consumers. Retail. Consumer goods. Transportation. 03-Feb-2023
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