Which of the Following Is Indicative of the Purchase Decision

question 77

Multiple Choice

Which of the following is indicative of the purchase decision stage of the organizational buying decision process?

• A)The purchase decision is usually quick once the information search has been completed.
• B)Even after the bid is submitted and even once accepted,terms must still be negotiated.
• C)Even if several vendors make it onto the bidder's list,ultimately only one supplier is chosen.
• D)If a supplier on the bidder's list is not selected,it is rarely told the reason it was rejected.
• E)Once an agreement has been formally reached,neither the buyer nor the seller is permitted to make changes to the terms of the contract.

---

Definitions:

Capital Lease

A lease agreement that grants a lessee control over an asset for a substantial portion of its useful life, and is recorded as an asset and liability on the balance sheet.

Lease Rate

The amount charged under a lease agreement for the use of an asset, often expressed as a payment amount per period.

Sales-Type Capital Lease

A leasing agreement in which the lessor recognizes immediate sales revenue and profit, reflecting the transaction as a sale rather than a rental.

Operating Lease

A lease agreement allowing the use of an asset but does not convey rights similar to ownership of the asset.