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15 August, 21:05

Snappy Tools, Inc., purchases hammers, bolts, and other hardware items from a variety of manufacturers and sells them to hardware stores at a price that includes a profit for Snappy Tools, Inc. The company would be part of what type of business market?

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  1. 16 August, 00:41
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    The answer is: Business-to-Business Market (B2B)

    Explanation:

    A B2B market focuses on products, goods and services that are sold to other businesses, instead of selling them directly to consumers. Sometimes a company may operate on both B2B markets and business to consumer (B2C) markets (e. g. cleaning companies that offer services to other businesses and also cleans homes).

    Snappy Tools operates a wholesale retailer that sells tools in bulk to other smaller retailers (e. g. hardware or general stores).
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