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The set of all actual and potential buyers of a product or service. These buyers share a particular need or want that can be satisfied through exchange relationships is known asQuestion 8Answera.Intermediariesb.Demandc.Marketd.Suppliers

Question

The set of all actual and potential buyers of a product or service. These buyers share a particular need or want that can be satisfied through exchange relationships is known asQuestion 8Answera.Intermediariesb.Demandc.Marketd.Suppliers

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Solution

The answer is c. Market. The definition given describes a market, which is a group of potential and actual buyers who have a particular need or want that can be satisfied through exchange relationships.

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