An automobile firm has received its order placed with a supplier firm.The company associates are assessing the quality of the product and the other issues associated with the deal.In the context of the business-to-business (B2B)buying process, the automobile company is in the stage of:
A)need recognition.
B)order specification.
C)vendor performance analysis.
D)product specification.
E)RFP process.

Question

Quizplus · Accepted Answer

The automobile company has already received its order placed with a supplier firm, which means that the need has been recognized (stage A) and product specifications (stage D) have been identified. The order specification (stage B) has also been completed since the order has been placed. The RFP process (stage E) is only relevant if the company solicited bids from multiple suppliers, which is not indicated in the scenario. Therefore, the company is currently in the vendor performance analysis stage (stage C), where they are evaluating the quality of the product and other issues associated with the deal.

An Automobile Firm Has Received Its Order Placed with a Supplier