The three purposes for which individuals or groups can use products in order for it to be considered a business market are
A) use in daily operations, end consumption, and resale.
B) direct use in producing other products, company travel, and end consumption.
C) resale, use in daily operations, and direct use in producing other products.
D) governmental, institutional, and reseller purposes.
E) making other products, selling to other businesses, making component parts.

Question

Quizplus · Accepted Answer

The three purposes for which individuals or groups can use products in order for it to be considered a business market are resale, use in daily operations, and direct use in producing other products. This means that the product will be either resold, used within a company's daily operations, or used as a component in producing another product. Option A is incorrect as it does not mention direct use in producing other products, while option B only mentions direct use in producing other products and company travel. Option D and E are incorrect as they do not cover all three purposes stated in the question.

The Three Purposes for Which Individuals or Groups Can Use