Trek bicycle purchases only the highest quality raw materials to make products that will live up to its mission to build the best bikes in the world. As an organizational buyer, trek operates in which type of market?.



Answer :

According to the aforementioned query, the trek bicycle industry serves the industrial market.

In an industrial market, businesses trade goods or services with other businesses rather than with a consumer base. This sector, also referred to as the business-to-business market, includes three different subsets: companies that sell goods, companies that sell raw materials, and companies that provide services. All three of these occur in various distinct industries.

The advantages of this sector above the conventional consumer market are numerous. The industrial market only focuses on the products and services used to create a distinct end product.

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