GCE Marketing 2024 Objective — Question 11
Question 11 of 40 from the General Certificate of Education (GCE) Marketing 2024 Objective paper, with the correct answer and a full explanation.
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Market is broadly classified as A.
- A. A. consumer and organizational marketsCorrect
- B. B. retail and wholesale markets
- C. C. consumer and wholesale markets
- D. D. industrial and government markets
Explanation
The market is broadly divided into two namely: consumer and organizational markets. Organizational market sale goods and services to other firms for the purpose of aiding their activities or operations.
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