Which of the Following Is NOT a Characteristic of the Organizational

question 178

Multiple Choice

Which of the following is NOT a characteristic of the organizational buying process?

• A)Multiple parties participate in purchase decisions.
• B)Negotiation between buyers and sellers is commonplace.
• C)Online buying over the Internet is widespread.
• D)Online buying over the Internet is uncommon.

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Definitions:

Center

In statistics, the central tendency of a dataset, which is a measure that seeks to define the most typical or representative value of the dataset, like the mean, median, or mode.

Sampling Variability

The extent to which the statistic obtained from different samples for the same population varies.

Sample Mean

The average value of a set of observations sampled from a larger population.

Normally Distributed

A data distribution that is symmetrically shaped like a bell curve, with most data points clustering around a central mean value.