Which of the Following Is NOT One of the Organizational

question 134

Multiple Choice

Which of the following is NOT one of the organizational buying processes discussed in the text?

• A) Straight rebuy buying
• B) Modified rebuy buying
• C) Important task buying
• D) New-task buying
• E) None of these, i.e., all are buying processes.

---

Definitions:

Private Companies

Businesses owned by individuals or groups not traded on public stock exchanges, often characterized by private ownership and restrictions on share transfers.

Public Sector Failure

A situation where government interventions in the economy fail to allocate resources efficiently, leading to a loss of economic welfare.