WAEC Marketing 2024 Objective — Question 11

Question 11 of 40 from the West African Examinations Council (WAEC) Marketing 2024 Objective paper, with the correct answer and a full explanation.

11. Market is broadly classified as A. consumer and organizational markets. B. retail and wholesale markets. C. consumer and wholesale markets. D. industrial and government markets.

A. consumer and organizational markets.Correct
B. retail and wholesale markets.
C. consumer and wholesale markets.
D. industrial and government markets.

Explanation

Basically, markets are classified into two: markets for consumers and market for organizations.

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