A Chart Representing the Components of Organizational Buying Culture

question 40

Multiple Choice

A chart representing the components of organizational buying culture


-In an autocratic buying centre, there are multiple participants:

• A)but the decision of the majority will be the final decision.
• B)but one person makes the final decision without receiving input from others.
• C)and one person influences the views of the other participants in making the final decision.
• D)and all the participants must reach a collective agreement to make a final decision.
• E)but one person makes the final decision after receiving input from others.

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Definitions:

Comparative Balance Sheet

A financial statement that presents the assets, liabilities, and equity of a company at different points in time for comparison.

Vertical Analysis

An approach to analyzing financial statements where every item listed under the key account categories of assets, liabilities, and equity is shown as a percentage of the total figure for that category.

Horizontal Analysis

A financial analysis technique that compares line items in financial statements over a period of time, to identify trends or significant changes.

Liquidity Analysis

An assessment of a company's ability to meet its short-term financial obligations, involving the examination of assets that can be quickly converted into cash.