Question

Perform a market analysis on the Fischer-Tropsch Synthesis for the synthesis of hydrocarbons. Discuss: -Who are...

Perform a market analysis on the Fischer-Tropsch Synthesis for the synthesis of hydrocarbons.
Discuss:
-Who are the customers?
-Is the industry B2B or B2C?
-Market trends/projections
-Competitive analysis (i.e. what industries use this process)

Science   Advanced-Physics   
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Answer #1

A customer is an individual or business that purchases the goods or services produced by a business.

An industry may include both B2B and B2C companies. The book-publishing industry is a good example. Authors market their manuscripts to book publishers; both the author and the book publisher are in B2B relationship. The publisher prints and markets the book to booksellers both online and in retail stores. This relationship is B2B as well. However, the book stores sell to the final customer and are in a B2C relationship.

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