Final answer:
A chemical manufacturer engaged in predominantly business-to-business transactions sells products or services to other businesses rather than directly to consumers.
Step-by-step explanation:
A chemical manufacturer that engages in transactions predominantly with other businesses is involved in business-to-business (B2B) transactions. This model contrasts with business-to-consumer (B2C), consumer-to-consumer (C2C), and consumer-to-business (C2B) transactions. B2B transactions are characterized by firms selling goods and services to other firms. For example, a chemical manufacturer might sell bulk chemicals to a pharmaceutical company that uses them to produce medications.
The chemical manufacturer's transactions are predominantly business to business.
In the context of the chemical manufacturer's transactions, the correct answer is D. business to business. This means that the manufacturer primarily engages in transactions with other businesses rather than consumers. Business-to-business (B2B) transactions involve selling products or services from one business to another.In the economic cycle, firms produce and sell goods and services to households in the product market, while households buy products and services with the income they earn from providing labor and other resources to firms in the factor market. In B2B transactions, however, it is the firms that are both the sellers and the buyers, focusing on the supply chain rather than the end consumer market.