The Primary Organizational Buying Objective for Business Firms Is to

question 197

Multiple Choice

The primary organizational buying objective for business firms is to

• A)create an atmosphere of inclusiveness.
• B)help smaller companies stay in business.
• C)increase the efficiency of its buyers.
• D)help the firm increase profitability.
• E)balance inventory.

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Definitions:

Scientific Knowledge

Information and understanding about the natural world, systematically gathered through observation, experimentation, and analysis.

Public Information

Officially sanctioned data and facts made available to the public by various means, including government reports, press releases, and websites.

Premature Closure

The process of making a decision or arriving at a conclusion before all the necessary and relevant information has been considered.

Unscientific Thinking

Reasoning or beliefs not based on or contradicting established scientific methods and principles.