Question

When you buy a product from a shop , do you ever think of the processes involved in its making & the different people who have worked hard to make it? write the role of market in producing goods , also mention how does a market affect or influence the production.

Answer 1

Answer:

In a business setting, major purchases typically require input from various parts of the organization, including finance, accounting, purchasing, information technology management, and senior management.

An economic buyer is a typical member of the DMU. The buyer is buying the product to achieve some sort of business advantage.

The infrastructure buyer, another typical member of the DMU, influences the buying decision because he’s the guy that is going to make the purchase happen.

The user buyer, another member of the DMU, influences the buying decision because he is one of the people through which the economic buying obj