MCS 1000 Lecture Notes - Lecture 6: North American Industry Classification System, North American Free Trade Agreement, Iso 9000

• School: University of Guelph
• Department: Marketing and Consumer Studies
• Course: MCS 1000
• Professor: Archie Bonifacio

Document Summary

Marketing of goods and services to companies, governments and not for profit organizations for the use of creation of goods that can be marketed to others. Wholesalers, retailers and government agencies that by goods and service for their own us or for resale. They often buy raw materials and parts and then process them and sell the upgraded product several times before it is purchased by the consumer. Industrial firms reprocess a good or service they buy before selling it again to the next buyer. E. g. steel mill that converts iron into steel, bank. Resellers are wholesalers or retailers that buy physical products and sell them again without any processing. Federal, provincial and local agencies that buy goods and services for the citizens they serve. Measuring domestic and global industrial, reseller and government markets. North american free trade agreement: canada, mexico and the us have a common system for measuring economic activities in organizational markets.