Ninety percent of the carpet produced in the world today is made within a 65-mile radius of dalton, georgia. This demonstrates the fact that business-to-business (b2b) markets are often

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Business

Nancy Lutz

2 February, 01:28

Ninety percent of the carpet produced in the world today is made within a 65-mile radius of dalton, georgia. This demonstrates the fact that business-to-business (b2b) markets are often

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Bacchus · Answer 1

business-to-business (b2b) markets are often geographically concentrated.

Explanation:

One of the characteristics that define the B2B markets is that they are often geographically concentrated. These markets are small in number and deals with a small number of customers, and their purchase is based on the derived demand. These characteristics support the geographical concentration of industry to support focused B2B sales.