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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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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?

unlike the buyers we have common sense, the only haave book smarts,


What is the communication between buyers and sellers called?

When consumers pay high prices, producers know that they are using their ___________ well.


What is another name for buyers and users?

consumers


Is the tax burden of sin taxes on tobacco products shared equally between consumers and -producers?

no,buyers pay more


What are buyers?

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.


What does this reflect about consumers and how quickly information is reaching potential buyers?

You have not said what this is.


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.


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.


Why are the 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.


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.


Why do consumers sometimes take a while to respond to price changes?

Consumers cannot find acceptable substitutes immediately. Most consumers nowadays do price comparisons. Even being 'forced' to accept a higher price (e.g. all prices the same on comparable products) does not automatically bring buyers because buyers hate how companies dictate our buying practices.