1. An example of an institutional buyer is:

2. Why is public accountability important in government purchasing?

3. The main buying objective for institutional markets is:

4. Government procurement is characterized by:

5. In institutional buying, decisions are often made by:

6. The “lowest bidder” principle is common in:

7. Price sensitivity in institutional and government markets is generally:

8. Institutional markets primarily consist of organizations such as:

9. A key difference in government procurement versus business buying is:

10. Government markets differ from business markets because they: