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NABTEB Marketing 2024 Objective — Question 11

Question 11 of 40 from the National Business and Technical Examinations Board (NABTEB) 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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