Respuesta :
The fact that despite t 90% of the carpet produced today is made within a 65-mile radius of Dalton, Georgia, there are less than 100 manufacturers in this area demonstrates the fact that business-to-business (B2B) customers are relatively few compared to the consumer market.
The majority of the carpet is produced in Georgia and Dalton, but the number of manufacturers is less than 100, it means the carpet market has relatively few business-to-business (B2B) customers as compared to the customer market.
Further Explanation:
The product which has more Business to business consumers is concentrated in one area. The reason for geographical concentration is to reduce the transportation cost that is incurred in transporting products from one place to another and to avoid damaging goods in transportation.
The Carpet market is mainly business to customer market; it implies that the products are manufactured and sold directly to the customers. The consumers of the products are usually spread geographically. In the case of business to business market, the businesses are concentrated in one area.
Although the majority of the production is taking place in Georgia and Dalton, the number of manufacturers is less because the carpet market has less business-to-business consumers than other consumers. Therefore, the number of consumers in the market is less than 100.
Learn more:
1. Demand and type of goods
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2. Demand and supply of goods
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3. Elasticity of demand
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Answer details:
Grade: High School
Subject: Business Studies
Chapter: Industry and Commerce
Keywords: Despite the fact that 90% of the carpet produced today is made within a 65-mile radius of Dalton, Georgia, there are less than 100 manufacturers in this area, demonstrates the fact that.
