___ are generally better informed than consumers and consider a product's quality,its price,and the service provided by suppliers.
A) Business buyers
B) Institutional buyers
C) Government buyers
D)
Elderly buyers

Question

​___ are generally better informed than consumers and consider a product's quality,its price,and the service provided by suppliers.
A) ​Business buyers
B) ​Institutional buyers
C) ​Government buyers
D) ​
Elderly buyers

Quizplus · Accepted Answer

Business buyers are generally better informed than consumers as they have specialized knowledge about the products they require. They consider factors such as quality, price, and the service provided by suppliers before making a purchase decision. Institutional buyers and government buyers also consider these factors, but their decision-making process may involve additional criteria such as regulations, policies, and procurement guidelines. Elderly buyers may have specific needs and preferences but their level of information and consideration of these factors may vary.

​___ Are Generally Better Informed Than Consumers and Consider a Product's

___ Are Generally Better Informed Than Consumers and Consider a Product's