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Institutional and Governments Markets MCQs PDF Download – Prep Test

MCQ 1: The business markets buy phases, include:

  1. proposal solicitation
  2. product specification
  3. order-routine specification
  4. all of the above

MCQ 2: The purchases of schools, nursing homes, prisons and other institutions are classified as:

  1. government markets
  2. consumer markets
  3. institutional markets
  4. business markets

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