Which of the Following Statements About the Product and Supplier

question 48

Multiple Choice

Which of the following statements about the product and supplier selection stage of the business buying decision process is true?

• A)Price is the only factor businesses consider before making a purchase decision.
• B)Price and warranty are the only two factors businesses consider before making a purchase decision.
• C)Even companies that have adopted a total quality management approach consider price to be the most important determinant of who to buy from.
• D)Before making a purchase decision,many businesses consider quality,reliability,durability,after- the- sale service,as well as price.
• E)Because after- the- sale service is a negotiation point,it is not considered at this stage of the business buying decision process.

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Definitions:

Database

A structured set of data held in a computer or server that is accessible in various ways for efficient retrieval and manipulation.

Entity

In software and database design, an entity refers to a real-world object or concept that can be identified and distinguished from other entities.

List

A collection or sequence of items, often arranged in a particular order, that can be used for reference, organization, or processing.

Query

A request for data or information from a database or information system that generates a specific set of results based on the parameters of the request.