CIPS L4M2 Defining Business Need · Free Practice Question Easy
Question 7
A market structure is determined by which of the following?
- A geography
- B type of product sold
- C profit margins
- D the level of competition
Reveal correct answer
Correct answer: B
Explanation
Markets are categorised by the type of products sold. These include; manufacturing, agriculture and services.
P.68
Discussion
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