Business Buyers Often Develop ________ -Written Descriptions of the Quality,size,weight,colour,features,quantity,training,warranty,service

question 28

Multiple Choice

Business buyers often develop ________ -written descriptions of the quality,size,weight,colour,features,quantity,training,warranty,service terms,and delivery requirements for the purchase.

• A)product specifications
• B)FAB lists
• C)value analyses
• D)product maps
• E)vendor analyses

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Definitions:

Causes

Factors or events that bring about an effect or a change.

Fallacy Of Composition

The incorrect belief that what is true for an individual member of a group is necessarily true for the group as a whole.

Economic Variable

An attribute that can take different values and influences economic behavior or outcomes, such as income, price, or interest rate.

Correlation

A statistical measure that indicates the extent to which two or more variables fluctuate together.