Scenario 8

question 131

Multiple Choice

Scenario 8.1 Use the following to answer the questions.
Samsung is entering the home appliance market with its new French Door Refrigerator. In designing the production facility, it has a need for various pieces of equipment, including the perpetual assembly belt drive, quasi-assembly pods, and finishing stations. The purchasing agent for the appliance division is inquiring about who will be needed for input on the purchasing decision. Samsung has already contacted several producers of the quasi-assembly pods, and has begun negotiations with their sales representatives.
Refer to Scenario 8.1. There are many factors that would influence Samsung's business buying decisions. Which one of the following would not?

• A) Environmental
• B) Organizational
• C) Interpersonal
• D) Demographic
• E) Individual

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Definitions:

Cover

To provide protection against something, such as insurance coverage protects against specific risks.

Non-breaching Buyers

Buyers who have fulfilled their contractual obligations and have not violated the terms of the contract.

UCC

The Uniform Commercial Code is an all-encompassing set of legal directives that oversee commercial trades in the United States.

Insolvent

A financial state in which an individual or entity is unable to meet their debt obligations as they become due because their liabilities exceed their assets.