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As in the Consumer Decision Process, Evaluation Occurs in the Industrial

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As in the consumer decision process, evaluation occurs in the industrial decision process, but it is more formalized and often more sophisticated.All items purchased are examined in a formal product acceptance process.The performance of the vendor is also monitored and recorded.This evaluation is described as


Definitions:

Encode

The process by which the brain converts information into a form that can be stored in memory.

Process

A series of actions or steps taken to achieve a particular end.

Store

A retail establishment selling items to the public.

Retrieve

The process of getting something back from where it was stored.

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