Card 148 / 204: What is the difference between a consumer market segment and a business-to-business market segment?
A)
Business buyers approach their purchase from a problem-solving approach, while consumers approach their purchase from a need-based situation.
B)
Formal procedures are part of a business buying situation, while consumer purchases do not involve formal activities.
C)
Many people are involved in a business purchase decision, while one person may be the decision-maker in a consumer purchase.
D)
Industrial buying requires inventory considerations, while there are no such considerations in a consumer purchase
E)
All of the above
Answer:
E) All of the above
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