Question

The two major types of markets are the

A) primary market and the secondary market.

B) B2B market and the C2C market.

C) consumer market and the business-to-business market.

D) target market and the niche market.

Answer 1

Solution:

C) Consumer market and the business-to-business market.

The two major types of markets are the consumer market and the business-to-business market.

Business-to-business marketing involves any products or services a company purchases to resell, use as components in their own products or services, or to support their daily operations. Any given business-to-business transaction can involve years of complex marketing efforts, including online and offline promotions.

In the consumer market, customers choose their product of interest and then pay for the product using cash, credit or checks.

So both are the major types of market.