________ Has Transformed the Purchasing Function in Recent Years by Helping

question 60

Multiple Choice

________ has transformed the purchasing function in recent years by helping firms find the best suppliers and the best prices.

• A) PERT
• B) The Internet
• C) CAD/CAM
• D) QFD

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Definitions:

Postpurchase Cognitive Dissonance

The psychologically uncomfortable state produced by an inconsistency between beliefs and behaviors that in turn evokes a motivation to reduce the dissonance; buyers’ remorse.

Expensive Pair

Products or items that are costly and often bought together, typically offering complementary benefits or satisfying related needs.

Evoked Set

Comprises the alternative brands or stores that the consumer states he or she would consider when making a purchase decision.

Adidas Shoes

A brand of athletic and casual footwear produced by the German multinational corporation Adidas, known for its sports and lifestyle products.