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
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:
- Mayo Clinic Hospital - A healthcare facility that purchases medical supplies and equipment.
- Procter & Gamble - A consumer goods corporation that markets its products to consumers rather than buying in bulk for institutional use.
- U.S. Marine Corps - A branch of the U.S. military that procures equipment, supplies, and services for defense purposes.
- Nucor Steel Corporation - A steel manufacturer that primarily sells products rather than purchasing as an institution.
- 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.
Similar Questions
Which of the following is an example of an institutional buyer? Mayo Clinic Hospital Procter & Gamble U.S. Marine Corps Nucor Steel Corporation Walmart
Which of the following is not a common feature of a financial institution?
Financial institutions move money from Question 29Select one:a.sellers to buyersb.buyers to sellersc.savers to borrowersd.borrowers to savers
A type of healthcare professional who can deliver health services, but who works under the supervision of primary care physicians, is a(n) _____
Which one of the following is a primary market transaction?
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.