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Management · Q58

Marketing

Graduate and Post Graduate · Management · question 58

Q58

Buying and selling of mass consumer goods and services comes under which of the following markets?

A.
Business markets
B.
Global markets
C.
Consumer markets
Answer
D.
Government markets

Answer: Option C

Solution

Answer: Option C
Solution:
Consumer markets refers to the markets where people purchase products for consumption and are not meant for further sale. This market is dominated by the products which consumer use in their daily life.