Like End Consumers, Organizational Buyers Are Influenced by Both Internal

question 31

Multiple Choice

Like end consumers, organizational buyers are influenced by both internal and external stimuli. Which of the following is an example of an organizational buyer's internal stimuli?

• A) the nature of the organization
• B) the buyer's willingness to take risks
• C) the technological environment's impact on the organization
• D) the economic environment's impact on the organization

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Definitions:

Contingency Fee

A fee paid to a lawyer that is based on a percentage of the sum recovered by the client.

Contingency Fee Agreements

Contracts between lawyers and their clients where fees are only owed if the lawsuit is won, typically as a percentage of the recovery.

Retainer Agreements

Contracts between a client and a service provider, especially in legal and consulting practices, where the client pays an upfront amount for professional services.

Legal Fees

The charges that lawyers or law firms make for their services, which can include hourly rates, flat fees, or contingent fees based on the outcome of a case.