Which of the Following Is Indicative of the Purchase Decision

question 4

Multiple Choice

Which of the following is indicative of the purchase decision stage of the organizational buying decision process?

• A) The purchase decision is usually quick once the information search has been completed.
• B) After the bid is submitted and even once accepted, terms must still be negotiated.
• C) Even if several vendors make it onto the bidder's list, ultimately only one supplier is chosen.
• D) If a supplier on the bidder's list is not selected, it is rarely told the reason it was rejected.
• E) Once an agreement has been formally reached, neither the buyer nor the seller is permitted to make changes to the terms of the contract.

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Definitions:

Depression

An ongoing mental disorder evidenced by prolonged periods of sadness or a withdrawal from engaging in activities, which heavily disrupts one's daily existence.

Mother

A female parent or caregiver, often playing a central role in child-rearing and emotional support within a family.

Sensorimotor Stage

The first of the four stages of cognitive development in Piaget's theory, spanning from birth to about 2 years, where infants learn about the world through their movements and sensory experiences.

Action

The process or act of doing something, typically to achieve an objective or handle a situation.