Which of the Following Statements Is True About the Product

question 31

Multiple Choice

Which of the following statements is true about the product and supplier selection stage of the business buying decision process?

• A)Before making a purchase decision,many businesses consider quality,reliability,durability,after-the-sale service,as well as price.
• B)Price and warranty are the only two factors businesses consider before making a purchase decision.
• C)Because after-the-sale service is a negotiation point,it is not considered at this stage of the business buying decision process.
• D)Even companies that have adopted a total quality management approach consider price to be the most important determinant of supplier selection.
• E)Price is the only factor businesses consider before making a purchase decision.

Analyze leadership behaviors in terms of task-oriented and relation-oriented actions.

Comprehend the principles of transformational leadership and its impact on organizational objectives.

Understand the role of ethical values, norms, and climates in leadership.

Distinguish between different leadership theories and approaches, including trait, behavioral, normative, and complexity theories.

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Definitions:

Renewable Energy

refers to energy that is collected from renewable resources, which are naturally replenished on a human timescale, such as sunlight, wind, rain, tides, waves, and geothermal heat.

Environmental Sustainability

An approach to natural resource management that seeks to safeguard the environment and maintain ecological balance in the face of ongoing human activity and development.

Triple Bottom Line

A business framework that encourages companies to focus equally on social, environmental, and financial responsibilities.

Sustainability Targets

Goals set by an organization to achieve environmental, social, and economic improvements as part of its sustainability efforts.