Answer: 3 types of organizational market are producers, resellers and institutions. Producers buy goods and services and transform them into a sellable product, which they sell to their customers for the purpose of making a profit. Examples of producers are farmers, manufacturers and construction companies. Reseller market consists of individuals or companies that purchase goods and services produced by others for resale to consumers. Insttitutions are a market consisting of schools, universities, hospitals, charities, clubs and similar organisations which buy goods and services for use in the production of their own goods and services.
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