Examlex
Technical skills are most important at lower organizational levels while conceptual skills become more important as managers move up the organizational hierarchy.
Buying Process
The series of steps a consumer goes through when deciding to purchase a product or service, from problem recognition to post-purchase behavior.
Buying Situations
Various contexts or scenarios in which consumers find themselves that influence their purchasing decisions.
Straight Rebuy
A routine purchasing decision where a buyer reorders a product or service without modifications or consideration of alternatives.
Modified Rebuy
A buying situation in which an organization makes an alteration to an existing purchase decision.
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