Question

Mile High Frozen Foods is a distributor for McDonalds. It also bakes the buns used by McDonalds in several states. It purchases flour, yeast, and sesame seeds, manufactures the buns, and then ships them to McDonalds' stores. Mile High Frozen Foods is operating in a(n) __________ market.

Answer 1

The answer is an industrial market.

Step-by-step explanation:

Industrial marketing refers to marketing related to goods and services that are made between two businesses. Industrial goods consist of those goods that industry uses to produce an end product taking into account some raw materials.

Industrial marketing usually involves the use of something called competitive tendering. This refers to a process in which a purchasing organization tries to get some goods as well as services from suitable suppliers. Because of some purchases have a high value, the purchasing organization must choose the best offering.

Answer 2

The answer is an industrial market.

Step-by-step explanation:

Industrial marketing refers to marketing related to goods and services that are made between two businesses. Industrial goods consist of those goods that industry uses to produce an end product taking into account some raw materials.

Industrial marketing usually involves the use of something called competitive tendering. This refers to a process in which a purchasing organization tries to get some goods as well as services from suitable suppliers. Because of some purchases have a high value, the purchasing organization must choose the best offering.