Which Type of Purchasing Strategy Involves Comparing Unit Prices

question 19

Multiple Choice

Which type of purchasing strategy involves comparing unit prices?

• A)Timing purchases
• B)Price comparison
• C)Label information
• D)Brand comparison
• E)Store selection

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Definitions:

Magical Thinking

The belief that one's thoughts, words, or actions can influence or bring about events in the physical world in an illogical or unrealistic way.

Repeating Behavior

The act of performing the same action or sequence of actions multiple times, often seen in various neuropsychiatric conditions.

Operant Conditioning

A method of learning that employs rewards and punishments for behavior, which leads to changes in voluntary behavior.

Compulsions

Actions or thoughts that a person is compelled to repeat due to an obsession, or in response to strict rules that have to be followed precisely.