Large multistore chain retailers such as Sears, Safeway, and Target use a highly formalized buying center that is referred to as a(n)
A)ad hoc committee.
B)buying committee.
C)merchandise procurement center.
D)purchasing department.
E)purchasing control system.

Question

Quizplus · Accepted Answer

Large multistore chain retailers commonly use a buying committee as their formalized buying center. This is a group of individuals who are responsible for making purchasing decisions for the entire organization. The buying committee typically includes representatives from different departments, such as marketing, finance, and operations, who work together to evaluate potential suppliers, negotiate prices and terms, and make final purchasing decisions.

Large Multistore Chain Retailers Such as Sears, Safeway, and Target