In the third-party exchange marketplace model, a__________concentrates on a specific industry or market.
A) vertical market
B) horizontal market
C) baseline market
D) sideline market
E) Select

Question

Quizplus · Accepted Answer

In the third-party exchange marketplace model, a vertical market concentrates on a specific industry or market. This means that the marketplace focuses on providing a platform for a particular industry or market, rather than offering a broad range of products or services like a horizontal market. For example, a vertical market could be an online marketplace for medical supplies or construction equipment.

In the Third-Party Exchange Marketplace Model, A__________concentrates on a Specific