In the Purchasing Decision Process, the ________ Are Those Who

question 14

Multiple Choice

In the purchasing decision process, the ________ are those who request that something be purchased. They may be users or others in the organization.

• A) users
• B) deciders
• C) approvers
• D) influencers
• E) initiators

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Definitions:

Marginal Analysis

Evaluation of the extra benefits derived from an activity versus the extra costs it incurs.

Family Business

A commercial organization in which decision-making is influenced by multiple generations of a family.

Trade Embargo

A government-imposed ban on trade with a specified country or the exchange of specific goods, often used as a political sanction.

Gasoline Falls

Presumed to refer to a reduction in gasoline prices, though not a standard economic term.