Which of the Following Is NOT True Regarding Organizational Buyers

question 118

Multiple Choice

Which of the following is NOT true regarding organizational buyers?

• A) Buyers for all kinds of organizations (governments, nonprofit groups, intermediaries) tend to buy in much the same way as do manufacturers.
• B) The basic aspects of business customer buying behavior tend to be quite similar in the U.S. and in international markets.
• C) Marketing strategies aimed at them are often tailored to each individual customer.
• D) Their purchases are made to help their organizations meet the demands for their products.
• E) Their needs are usually harder to define than for final consumers.

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Definitions:

European Courts

Refers to the judiciary involved in interpreting and applying the law within the European Union, including the Court of Justice and the General Court.

Mistake Of Value

A misunderstanding about the significance, worth, or value of something involved in a contract, which may affect the validity of the contract.

Mutual Mistake

A situation in contract law where all parties involved have an incorrect belief about a vital fact at the time of entering into a contract.

Unilateral Mistake

An error made by one party in a contract that is not shared by the other party, potentially affecting the contract's validity.