Explain how the business market differs from the consumer market for a product such as automobiles.
Question:
Explain how the business market differs from the consumer market for a product such as automobiles.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (13 reviews)
In some ways business markets are similar to consumer markets Both involve people who assume buying ...View the full answer
Answered By
Rohith Bellamkonda
I am studying in IIT Indore,the most prestigious institute of India.I love solving maths and enjoy coding
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Marketing questions
-
Explain how the business purpose concept provides the basis for determining which expenses are deductible.
-
Explain how the business environment that businesses face has changed over the past decades and discuss how this has had an impact on management accounting.
-
Using an example, explain how the business combination adjustments affect the fair value adjustments.
-
World Information Group has two major divisions: print and Internet. Summary financial data (in millions) for 2011 and 2012 are: The annual bonuses of the two division managers are based on division...
-
The drawing shows two thin rods, one made from aluminum [a = 23 Ã 10-6 (Co)-1] and the other from steel [a = 12 Ã 10-6 (Co)-1]. Each rod has the same length and the same initial...
-
If the structural budget deficit is $100 billion and the actual deficit is $300 billion, what is the size of the cyclical deficit?
-
On 1 July 2025 Roxanne and Asterios formed a partnership with initial capital balances of \($280\)000 and \($310\)000 respectively. The Profit or Loss Summary account for the year ended 30 June 2026...
-
Recently, a growing labor shortage has been causing Chinese wages to rise. If this trend continues, what would you expect to see happen to external economy industries currently dominated by China?...
-
1. Which of the following is a CORRECT statement? 2. 3. (a) 2.3056+10.138-7.4671 = 4.9765 (b) 2.38 x 1.0 = 2.38 8.05 (c) -=2.6 3.1 (d) (1.11 0.1) x 9.0 = 9.0 A projectile travels at 0 below...
-
1) Value of agility is a key parameter when deciding TCO/ROI. True or False 2) Select the one which is not a domain factor for the interconnected systems in Cloud operations A) User domain B)...
-
What role does the Porsche brand play in the self-concept of its buyers? Porsche (pronounced Porsh-uh) is a unique company. It has always been a niche brand that makes cars for a small and...
-
Name and describe the three types of business buying situations.
-
Argentina is considering constructing a bridge across the Rio de la Plata to connect its northern coast to the southern coast of Uruguay. If this bridge is constructed, it will reduce the travel time...
-
50) An investor purchases a Eurobond for 108.93 and sells it one year later at 107.30. The bond pays an annual coupon of 6% and has 10 years until maturity. If the par value of the bond is 30,000...
-
Lever Products (LP) is considering the elimination of a press machine. The new press machine should reduce depreciation expenses by $36,000 annually. If LP's total fixed costs were $380,000 last...
-
Consider the following game G: Y Z 5,5 3,2 2,4 4,5 5,3 3,7 M 5,4 7,3 5,6 K Player 1 L Player 2 X What is the set of Nash equilibria of this game G, i.e., NE(G) =? Is (L. Y) a Pareto optimal strategy...
-
HTML for heading, photo, navigation links. The HTML below displays the heading, photo, navigation links. The links will not work until IDs matching the fragments are placed in the HTML .
-
9.20 Compare flow rates through 40-mm-diameter openings under 1.50-m static heads if the openings have been constructed as sharp-edged, rounded, short-tube, or Borda orifices. Ancient Rome's famous...
-
What can attorneys do to prevent professional negligence suits?
-
If your school has a subscription to the FASB Codification, go to aaahq.org/ ascLogin.cfm to log in and prepare responses to the following. (a) What is the stock dividend? (b) What is a stock split?...
-
Which of the following statements is true? a. There is no single correct strategy for economic growth and development. b. In general, GDP per capita is highly correlated with alternative quality of...
-
Explain Caspers product offering in terms of customer value. Casper is one of many direct-to-consumer companies that has flipped the mattress industry upside down. It was only a matter of time. A few...
-
What absolute change and percentage change in sales does this represent? For the past several years, large food manufacturers followed Kraft-Heinzs lead by aggressively slashing costs to improve...
-
Assuming a contribution margin of 25 percent and sales of $4 billion, with a 20 percent price increase, by how much can sales decrease before profitability (total contribution) drops below its...
-
How do prokaryotes engage in sophisticated social behaviors, such as altruism and kin selection, and what genetic and ecological factors influence the evolution of these traits?
-
N Suppose for the integral T|[a,b] () = f f(x)dx, we approximate it with the midpoint method, which for mesh {x;} where xj = a + , = b-a N j=0 is given by N-1 1 A[a,b] (f) = 5x f (xj+1/2), where...
-
What are the structural and functional complexities of prokaryotic cell membranes, and how do they contribute to processes such as nutrient uptake, osmoregulation, and signal transduction?
Study smarter with the SolutionInn App