Which of the Following Is True About the Buying Center

question 41

Multiple Choice

Which of the following is true about the buying center?

• A) In a buying center, one person cannot play more than one role.
• B) A typical buying center has a maximum of five or six members.
• C) A buying center consists of only mid-level managers and below.
• D) It is the decision-making unit of a buying organization.
• E) Gatekeepers in a buying center are people who authorize the proposed actions of deciders or buyers.

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Definitions:

Null Hypothesis

A statement or assumption that indicates no statistical significance or effect, typically that there is no difference between groups or variables.

Standard

A recognized level of quality or attainment or a rule established by authority, custom, or general consent.

Probability

The quantification of the probability that an event will take place, represented by a numeric value ranging from 0 to 1.

IUPAC Name

The methodical approach to naming chemical compounds, as endorsed by the International Union of Pure and Applied Chemistry.