Marketers Call the Decision-Making Unit of a Buying Organisation the ________

question 156

Multiple Choice

Marketers call the decision-making unit of a buying organisation the ________.

• A)business buyer
• B)business-to-business market
• C)supplier-development centre
• D)buying system
• E)buying centre

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Definitions:

Central Tendency

A statistical measure that identifies the center or typical value of a dataset, including mean, median, and mode.

Standard Deviations

A statistical metric that quantifies the variability or spread of a dataset relative to its mean, used in various fields to assess variation.

Mean Price

The average price of a set of goods or services, calculated by summing all prices and dividing by the number of items.

Standard Distribution Table

A tool used in statistics that shows the probabilities associated with a standard normal distribution.