Which of the following is not a requirement or characteristic of a market?
A) The ability to purchase a product
B) A large number of people or organizations
C) The authority to buy a product
D) The willingness to use buying power
E) The need for a specific product in a specific product category

Question

Quizplus · Accepted Answer

A market does not necessarily require a large number of people or organizations; it requires the ability, authority, willingness, and need to purchase a product.

Which of the Following Is Not a Requirement or Characteristic