A manufacture of consumer food products for the Chinese market buys several thousand tons of nuts annually. It converts those nuts into cooking oil and then sells it to Chinese supermarket. The pulp from the oil is sold to beef cattle farmers who use it to fatten up their cattle. These transactions occur in the_____________market.

A manufacture of consumer food products for the Chinese market buys several thousand tons of nuts annually. It converts those nuts into cooking oil and then sells it to Chinese supermarket. The pulp from the oil is sold to beef cattle farmers who use it to fatten up their cattle. These transactions occur in the_____________market.



A) Business to consumer

B) industrial

C) vertical

D) reseller



Answer: B)


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