Question

Goods that are produced and sold to help support the operations of other businesses are part of the B2B (Business-to-Business) market.

A) B2B (Business-to-Business).
B) B2C (Business-to-Consumer).
C) Retail market.
D) Wholesale market.

Answer 1

Goods that are produced and sold to support the operations of other businesses are part of the B2B (Business-to-Business) market.

Step-by-step explanation:

The correct answer is B) B2C (Business-to-Consumer).

B2B (Business-to-Business) refers to the exchange of goods and services between businesses. In this case, the question is asking about goods that are produced and sold to support the operations of other businesses, which is part of the B2B market.

In contrast, B2C (Business-to-Consumer) refers to the exchange of goods and services between businesses and consumers. This involves businesses selling their goods or services directly to individual consumers.