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
Mayo Clinic Hospital and U.S. Marine Corps are examples of institutional buyers. These entities purchase goods and services for use in their operations, rather than for resale. Procter & Gamble, Nucor Steel Corporation, and Walmart are examples of commercial businesses, not institutional buyers.
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