The Last Step in the Buying Process Is The

question 95

Multiple Choice

The last step in the buying process is the:

• A) establishment of a long-term relationship with the seller.
• B) receipt of the product.
• C) vendor analysis.
• D) evaluation of product performance.
• E) placement of the order.

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Definitions:

Multinational Conglomerate

A large corporation that owns a variety of companies in different industries and countries.

International Management

The practice of managing businesses operations across different countries, taking into consideration cultural, legal, and economic differences.

Personnel Synergy

The increased effectiveness that results when a group of individuals work together compared to when they work independently.

Market Synergy

The collaboration between businesses or individuals in the marketplace to enhance their collective performance or create a more valuable outcome than could be achieved individually.