Which of the Following Is Not a Member of the Buying

question 107

Multiple Choice

Which of the following is not a member of the buying center?

• A) Initiator
• B) User
• C) Purchaser
• D) Agent
• E) Gatekeeper

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Definitions:

Compounded Annually

The calculation of interest on both the initial principal and the accumulated interest from past periods once a year.

Time-value of Money

The concept that money available at the present time is worth more than the same amount in the future due to its earning capacity.

Month-end Payments

Payments that are due or processed at the end of each month.

Compounded Semi-annually

A method of calculating interest in which the interest is added to the principal sum twice a year.