Buying Center Refers to

question 152

Multiple Choice

Buying center refers to

• A)the group of people within an organization who participate in the buying process and share common goals, risks, and knowledge important to a purchase decision.
• B)the department within a firm responsible for the logistical process of placing, tracking, and delivering orders to other departments within the firm.
• C)the department within a firm responsible for the logistical process of placing, tracking, and delivering orders to ultimate consumers.
• D)a centralized location for large national or international firms that allows purchases to be made from multiple vendors at the same time.
• E)the department within a firm that allows purchases to be made from a centralized location, from multiple vendors at the same time.

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Definitions:

Fair Hearing

A hearing conducted in accordance with the rules of procedural fairness; the person affected negatively by a decision has the right to receive proper and timely notice of all the matters affecting the case and be given a chance to put forward his side.

Privative Clauses

Legal provisions aimed at limiting or excluding the jurisdiction of judicial review over decisions made by administrative bodies.

Parliamentary Supremacy

The principle that the legislative body of a country has the highest authority over all other governmental institutions, including the judiciary.

Supervising Government Decision Makers

The oversight of individuals or bodies that make policy and regulatory decisions within the government framework.