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Consumers will buy for their personal use. Organizational buyers, however, will buy for the use by other people and must understand the motivations of them.

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Q: The differences between consumers and organizational buyers?
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What Comparisons and contrasts can be found in the buying behavior of final consumers and organizational buyers In what ways are they most similar and in what ways are they most different?

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What is the communication between buyers and sellers called?

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Buyers are consumers -- the people in an economy who purchase goods and services. There are also professional buyers, who work for companies to get the best products at the best prices.


Why are consumers at the center of the diagram?

Consumers are at the center of the Consumer Interactive Diagram because they are the major buyers of the relationship. Consumers are at the center of the Consumer Interactive Diagram because the consumer remains the major buyer.


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Differentiate between organisational customer and organisational stakeholder?

Organisational buyers are manufacturers, wholesalers, retailers and government agencies that buy goods and services for their own use or for resale. They include all buyers in a nation except the ultimate consumers.


How trade removes hindrance of persons?

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What is an organizational buyer?

Businesses, government agencies, and other institutions buy products and services to maintain their organizations and achieve their organizational objectives. Organizational buyers buy goods and services in order to produce other goods and services for sale.


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What does it mean when demand for good is relatively inelastic?

when demand for good is relatively inelastic The good is regarded by the consumers as a necessity. There are large buyers of the substitues for the good. Buyers spend a small percentage of their total income on the product. Consumers have had only a short time period to adjust to changes in price.