Distinguish between business markets and consumer markets

What will be an ideal response?

As compared to consumer markets, business markets usually have fewer but larger buyers. Business demand is derived demand, which tends to be more inelastic and fluctuating than consumer demand. The business buying decision usually involves more, and more professional, buyers. Business buyers usually face more complex buying decisions, and the buying process tends to be more formalized. Finally, business buyers and sellers are often more dependent on each other.

Business

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What is cooperative form?

a. A structure in which employees are incentivized to help each other b. A situation in which industry leaders (that are competitors) will work together to benefit both of their companies c. An M-form structure in which horizontal integration is used to bring about interdivisional cooperation d. An M-form structure in which vertical integration is used to bring cost saving incentives

Business

A sales associate has a fight with the seller and it's the seller on the head with a canoe paddle.what penalty with the commission administered on the sales associate?

A. Suspend the canoe paddle for 30 days B. Revoke the sales associates license C. Suspend the sales associate license in definitely D. None, since assault and battery is not a violation of FS 475

Business