Most Business Buying Decisions Are Made by

question 176

Multiple Choice

Most business buying decisions are made by

• A) one person.
• B) a team of purchasing agents.
• C) a firm's buying center.
• D) inventory control personnel.
• E) the sales force.

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Definitions:

Departments

Distinct units or divisions within a company or organization, each responsible for specific areas of operation or tasks.

Factory

A facility or collection of facilities where items are produced or put together predominantly using machinery.

Process Cost System

An accounting method used to track production costs for continuous processes that produce homogeneous products.

Customers' Specifications

Detailed requirements or guidelines provided by a customer regarding how a product or service should be delivered or constructed.