MCS 1000 Chapter Notes - Chapter 6: North American Free Trade Agreement, North American Industry Classification System, Disposable And Discretionary Income

• School: University of Guelph
• Department: Marketing and Consumer Studies
• Course: MCS 1000
• Professor: Raffi Sarmazian

Document Summary

The nature and size of organizational markets governments, and not-for-profit organizations for use in the creation of goods and services that they can produce and market to others. The marketing of goods and services to companies, Also referred to business-to-business or b2b marketing. Organizational buyers are divided into three markets: that buy goods and services for their own use or for resale. Are those manufacturers, retailers, and government agencies a. Industrial firms: again to the next buyer: reseller. Industrial, reseller, and government markets also exist on a global scale. Most world trade involves manufacturers, resellers, and government agencies buying goods and services for their own use or for resale to others. Measuring domestic and global industrial, reseller, and government markets. The north american free trade agreement (nafta) partners canada, mexico, and the united states now have a common system for measuring economic activities in organizational markets. it is called the north american industry classification system (naics)