Which of the Following Statements Regarding Organizational Goods Is True

question 21

Multiple Choice

 Which of the following statements regarding organizational goods is true? 

• A) Organizational goods are usually purchased as an end in themselves.
• B) The channels of distribution for these goods are longer than those for consumer goods.
• C) Organizational goods include anything that businesses need for their day-to-day operation.
• D) The primary purchasing motive for organizational goods is convenience even if the prices being paid are steep.

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Definitions:

Low-Quality Cars

A term describing cars that are made with inferior materials or manufacturing standards, which might lead to poor performance, reliability, and satisfaction.

Demand Curves

Graphical representations that show the relationship between the price of a good and the quantity demanded by consumers at those prices.

Signaling Device

A method used by individuals or entities to convey information or intentions to others, often to indicate quality, trustworthiness, or status.

Warranty

A promise or guarantee given to the buyer by the seller regarding the condition of the product, offering repair or replacement for defects within a certain period.