Large Multi-Store Chain Resellers Such as Sears, Safeway, or Target

question 12

Multiple Choice

Large multi-store chain resellers such as Sears, Safeway, or Target use a highly formalized buying center that is referred to as a(n)

• A)ad hoc committee.
• B)buying committee.
• C)central control unit.
• D)purchasing agency.
• E)purchasing control system.

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Definitions:

Inductive

A method of reasoning in which general conclusions are drawn from specific instances or observations.

Sound Argument

An argument that is both valid (correctly structured) and has all true premises, leading to a true conclusion.

Deductive Argument

An argument that claims its conclusion necessarily follows from the premises.

Inductive Argument

An argument that only claims that its conclusion probably follows from the premise.