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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

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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