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Which of the following is an example of an institutional buyer? Mayo Clinic Hospital Procter & Gamble U.S. Marine Corps Nucor Steel Corporation Walmart

Question

Which of the following is an example of an institutional buyer?

  • Mayo Clinic Hospital
  • Procter & Gamble
  • U.S. Marine Corps
  • Nucor Steel Corporation
  • Walmart
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Solution

An institutional buyer is typically an entity that purchases goods and services in large quantities, often for organizational or governmental uses. In the list provided:

  1. Mayo Clinic Hospital - A healthcare facility that purchases medical supplies and equipment.
  2. Procter & Gamble - A consumer goods corporation that markets its products to consumers rather than buying in bulk for institutional use.
  3. U.S. Marine Corps - A branch of the U.S. military that procures equipment, supplies, and services for defense purposes.
  4. Nucor Steel Corporation - A steel manufacturer that primarily sells products rather than purchasing as an institution.
  5. Walmart - A retail company that sells goods to consumers and does not primarily operate as an institutional buyer.

Final Answer

The best example of an institutional buyer from the options provided is U.S. Marine Corps.

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