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WAEC Marketing 2022 Objective — Question 11

Question 11 of 40 from the West African Examinations Council (WAEC) Marketing 2022 Objective paper, with the correct answer and a full explanation.

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Companies that purchase goods for further processing is an example of

  • A. a consumer market
  • B. an industrial marketCorrect
  • C. a reseller market
  • D. a government market

Explanation

It is only industry (industrial market buyers) that purchase goods for further processing.

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