A) have the formal authority and responsibility to select the supplier and negotiate the terms of the contract.
B) control the flow of information in the buying center.
C) have the formal or informal power to select or approve the supplier that receives the contract.
D) affect the buying decision usually by helping define the specifications for what is bought.
E) actually use and evaluate the product or service.
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verified
Multiple Choice
A) gatekeeper
B) decider
C) user
D) obstructionist
E) power broker
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Multiple Choice
A) new buy.
B) straight rebuy.
C) standard reorder.
D) modified rebuy.
E) make-buy.
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Multiple Choice
A) forward auction
B) reverse auction
C) traditional auction
D) vertical auction
E) bidder's war
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Multiple Choice
A) standard buy.
B) straight rebuy.
C) conditional rebuy.
D) modified rebuy.
E) new buy.
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Multiple Choice
A) finance
B) wholesalers
C) retailers
D) government units
E) educational institutions
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Multiple Choice
A) vertical auction.
B) reverse auction.
C) horizontal auction.
D) traditional auction.
E) reciprocal auction.
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verified
Multiple Choice
A) green marketing.
B) regulatory exemptions.
C) stakeholder procurement.
D) ecological procurement.
E) sustainable procurement.
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verified
Multiple Choice
A) signing lifetime contracts with suppliers to demonstrate its loyalty to them.
B) supplier partnerships when designing products for its customers.
C) reciprocity arrangements with its customers so that each can maximize profit.
D) co-branding as a form of supply partnerships with customers.
E) extending health care benefits to its suppliers' employees as a result of the Affordable Care Act.
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verified
Multiple Choice
A) forward auction
B) reverse auction
C) traditional auction
D) vertical auction
E) bidder's war
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Multiple Choice
A) industrial firms.
B) reseller firms.
C) government agencies.
D) consumer product firms.
E) nonprofit firms.
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Multiple Choice
A) ecological procurement.
B) sustainable procurement.
C) green marketing.
D) supplier partnership.
E) stakeholder procurement.
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Multiple Choice
A) allows companies to increase their innovation cycles.
B) substantially increases brand loyalty.
C) conveys timely information quickly.
D) narrows the potential customer base for many products.
E) eliminates marketing costs.
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Multiple Choice
A) industrial buying behavior.
B) reseller buying behavior.
C) buy classes.
D) purchase criteria.
E) consideration sets.
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Multiple Choice
A) a heavy goods
B) a government
C) a service
D) an industrial
E) a reseller
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Multiple Choice
A) specifications to be changed many times before the buy is completed.
B) a lot of conflict.
C) many people to be involved in the purchase decision.
D) to have to do some favors for the decision makers.
E) to receive confirmation of a contract quickly.
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Multiple Choice
A) new buy.
B) straight rebuy.
C) make-buy.
D) modified rebuy.
E) standard reorder.
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Multiple Choice
A) multinational buyers.
B) resellers.
C) organizational buyers.
D) ultimate consumers.
E) institutional buyers.
Correct Answer
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Multiple Choice
A) purchase exclusively from one supplier.
B) are exempt from state and local taxes.
C) sell directly to ultimate consumers.
D) sell goods and services for their own use.
E) buy products and services for their own use or for resale.
Correct Answer
verified
Multiple Choice
A) retailers
B) wholesalers
C) agents
D) manufacturers
E) ultimate consumers
Correct Answer
verified
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