COMMERCE 2MA3 Chapter Notes - Chapter 5: Retail, North American Industry Classification System, Business Marketing
9 Nov 2017
School
Department
Course
Professor
Document Summary
B2b firms focus their efforts on serving specific types of customer markets to create value for those customers. Manufacturers buy raw materials, components, and parts that allow them to manufacture their own goods. Today, many b2b companies are demanding, as a condition for doing business, that suppliers demonstrate social responsibility by putting into place policies and practices to reduce their carbon footprint. Resellers are marketing intermediaries that resell manufactured products without significantly altering their form. Institutions, such as hospitals, educational organizations, prisons, religious organizations, and other nonprofit organizations, also purchase all kinds of goods and services for the people they serve. In most countries, the central government tends to be one of the largest purchasers of goods and services. Merx is the most complete source of canadian public tenders, private tenders, Us tenders, and private-sector construction news available in canada.
