Monday, July 31, 2017

Differences between consumer and business market



Differences between consumer and business market\

1.   In the case of structure: The number of a consumer is very large and they are scattered, but business market is very small.

2.   In the case of demand: Consumer market is illustric demand, bus business market is unillustric demand.

3.   In consumer market decision making is simple, but in business market it is complex.

4.   In consumer market decision can be taken quickly, but in business market decision can’t be taken quickly.

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