Use the Following to Answer Questions

question 18

Multiple Choice

Use the following to answer 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 a 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.
-Which type of factor would not influence Samsung's business buying decisions?

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

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Definitions:

Producer Surplus

The split between the rate producers are willing to settle for a good or service and the rate they actually collect.

Producer Surplus

The discrepancy between what producers aim to get for their goods or services and the payment they truly obtain.

Hamburgers

They are a type of sandwich consisting of one or more cooked patties of ground meat, usually beef, placed inside a sliced bread roll or bun.

Producer Surplus II

Represents the difference between what producers are willing to accept for a good or service versus what they actually receive, indicating the benefit to producers.