Course Solutions Uncategorized Demand Business Markets Often Stable Fewer Fluctuations Consumer Goods Elastic Small Price Q34283210

Demand Business Markets Often Stable Fewer Fluctuations Consumer Goods Elastic Small Price Q34283210

Demand in business markets is often…

stable – fewer fluctuations than consumer goods

elastic – small price changes lead to giant changes indemand

solitary – a single service or product

joint – matched to other services or products

If an advertisement were to highlight a consumer’s necessity tohave cowboy/cowgirl boots…it could be said that they used whichsegmenting base.

needs

attitudinal

behavioral

shoe size

Wal-Mart has become the leading discount retailer in the UnitedStates by focusing on satisfying customer’s needs and wants whilealso employing a philosophy of being a good corporate citizen bypartnering with their local communities. This philosophy is bestdescribed by:

Market orientation

Societal orientation

Production orientation

Sales orientation

I am considering buying a new

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