Answer:
The market contains huge numbers of buyers.
Explanation:
Organization buying is the process through which formal institutions establish the basis for purchasing products or services. It involves identifying, evaluating, and picking the ideal option from the available brands and suppliers. A typical organization will have a team of skilled workers directly or indirectly involved in the buying process. Businesses that purpose to maximize profits will go the extra mile to get the best deals on their purchases.
Organization buying will involve the participation of many people. Common characteristics of organization buying are
- Several people in the organization influence buying
- The organizational buyers are qualified professionals in purchasing.
- A lot of purchasing occurs in direct dealing with producers.
- The purchases are in large quantities
- Close relationships and service are required.
Answer:
a. Economic assets that are privately owned and exchanged in an open market.
Explanation:
A free enterprise is an economy where where economic factors like price, product, and services are determined by market forces and not by the government.
It is also called capitalism, economic assets are privately owned and competition is the yardstick for market success.
The opposite of this is communism where economic factors are controlled by the government.
It’s A , I think I could be wrong
You would have to earn an <span>Associate of Applied Science (AAS) degree or an advanced technical certificate. </span>
