Trek Orders a Seat or Saddle for One of Its

question 58

Multiple Choice

Trek orders a seat or saddle for one of its models that has a "little bit" of different material for the cover but the components are the same as existing saddles used on other bikes,this purchase situation is known as __________.

• A) new buy.
• B) straight rebuy.
• C) standard reorder.
• D) modified rebuy.
• E) make-buy.

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Definitions:

Equity Securities

Financial assets that represent shares of ownership in a corporation, such as stocks, granting holders a claim on the corporation’s profits and assets.

Capital Markets

Markets where savings and investments are channeled between suppliers who have capital and those who are in need of capital.

Money Markets

Sections of the financial market where short-term financial instruments with high liquidity are traded.

Secondary Markets

These are platforms where investors buy and sell securities from other investors, rather than from issuing companies directly.