Which of the Following Is NOT an Example of an Organizational

question 19

Multiple Choice

Which of the following is NOT an example of an organizational buyer?

• A) A government buyer purchasing a new desk for the mayor's office.
• B) A woman buying cookware to sell to her friends and neighbors.
• C) A sales rep buying a new necktie to make a good impression.
• D) A wholesaler buying a delivery truck.
• E) None of the above is a good example.

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Definitions:

Comparative Advantage

The ability of an individual, company, or country to produce a good or service at a lower opportunity cost compared to its competitors.

Monetary Cost

Refers to the explicit financial cost of conducting a business activity or completing a transaction, measured in units of currency.

Comparative Advantage

The ability of a party to produce a particular good or service at a lower opportunity cost than others, enabling trade benefits.

Absolute Advantage

The ability of an entity to produce a good or service more efficiently than its competitors with the same resources.