Which of the following in not a characteristics of Business market? A) Th Nature of demand
B) The Buying processes
C) The Relationship
D) The High level of promotion
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Answer:
The relationships
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The option which is not the characteristic of the Business market is option D: The high level of promotion.
- The business market is where items or services are sold to other businesses so that they can be used in the final product.
- Demand's nature is unique in that it fluctuates based on elements such as the ultimate product, market volatility, and pricing.
- The number of purchasers in the buying process fluctuates, and the geographical location is limited.
- The buyer-seller relationship is a crucial characteristic for achieving long-term commercial market goals.
- Because the business market is based on unpredictable elements and profit and loss in the product industry, high-level promotion is not a characteristic.
- Therefore, option D is the correct response to this question.
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