All of the following statements about the purchase involved in organizational buying are true EXCEPT:
A) the length of time required to arrive at a purchase agreement can vary with size of purchase.
B) the dollar value of a single purchase made by an organization often runs into thousands or millions of dollars.
C) the size of purchase impacts who participates in the purchase decision.
D) the size of purchase impacts who makes the final decision.
E) the size of the purchase involved in organizational buying is typically smaller than that in consumer buying but it is done more frequently.
Correct Answer:
Verified
Q64: The buying objective for nonprofit firms and
Q65: The American Red Cross provides disaster relief,
Q67: The primary buying objective for business firms
Q70: Because orders in organizational buying are typically
Q77: Many companies have broadened their buying objectives
Q80: Important buying process characteristics in organizational buying
Q82: The primary reason companies have placed an
Q88: Firms selling consumer products or services often
Q90: There are seven commonly used organizational buying
Q91: There are seven commonly used organizational buying
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents