Question

If carolyn smith purchases office supplies for her home office from which she operates her insurance business, she is a member of which type of market?

Answer 1

The types of market include Institutional, producer, consumer, business-to-business, and reseller. Based on Carolyn Smith's purchases, the type of market that this can be classified into is the BUSINESS-TO-BUSINESS type of market since she is purchasing office supplies for business use too.