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Organizational Buying Is the Decision-Making Process by Which Formal Organizations

question 153

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Organizational buying is the decision-making process by which formal organizations establish the need for purchased products and services and identify, evaluate, and choose among alternative brands and suppliers.


Definitions:

Canada

A country located in the northern part of North America, known for its diverse landscapes and multicultural population.

British Columbia

A province located on the west coast of Canada, known for its natural beauty, including mountains, forests, and the Pacific coastline.

International Labour Organization

A United Nations agency that sets international labor standards and promotes social protection and work opportunities for all.

Free Trade

A policy to eliminate barriers to the exchange of goods and services between countries, aiming to encourage international trade.

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