Which of the Following Statements About Buying Centres Is True

question 3

Multiple Choice

Which of the following statements about buying centres is true?

• A)The buying centre is like a standing committee.
• B)The buying centre roles are specified on the organisational chart.
• C)The typical buying centre has five employees,one to assume each of the buying centre's roles.
• D)An individual's role in the buying centre does not change.
• E)The buying centre may involve informal participants who are not obvious to sellers.

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Definitions:

Partner

A partner is an individual or entity engaged in a partnership, sharing the profits, losses, and management responsibilities within the business agreement.

Net Income

The leftover financial gain of a corporation once expenses and taxes are deducted from the total revenue.

Salary

A fixed regular payment, typically monthly or biweekly, made by an employer to an employee, especially a professional or white-collar worker.

Interest Allowances

Financial incentives or rebates given to borrowers, typically reducing the amount of interest they need to pay on loans.