When General Motors Is Familiar with a Product and Supplier

question 9

Multiple Choice

When General Motors is familiar with a product and supplier, but still seeks additional information in the market place, it is called a ________.

• A) Straight rebuy
• B) Modified rebuy
• C) New purchase
• D) Filtered buy
• E) None of the above

---

Definitions:

Trading In

The action of exchanging an old product for a discount on a new purchase.

Repairs

Expenditures to restore equipment, machinery, or property to its previous condition or to keep it in operational status without enhancing its value or extending its life.

Office Equipment

The furniture, computers, machines, and other tools used in offices for operational purposes.

Freight Costs

Charges incurred for transporting goods between locations, typically from the manufacturer to the buyer.