Straight Rebuy

question 165

Multiple Choice

Straight rebuy

• A) decisions, as contrasted with modified rebuys, are more likely to involve multiple buying influence.
• B) vendor selections are likely to be made by a purchasing manager-without consulting anyone else.
• C) decisions are infrequent, but they typically take longer to make than new-task buying decisions.
• D) decisions usually involve getting negotiated bids from suppliers.
• E) decisions cannot be influenced by advertising.

---

Definitions:

Statement of Financial Position

A financial report that shows the assets, liabilities, and equity of a company at a specific point in time, providing a snapshot of its financial health—also known as a balance sheet.

Preferred Shares

A class of ownership in a corporation that has a higher claim on its assets and earnings than common shares, often with predetermined dividend payments.

Common Shares

A type of equity ownership in a corporation, with voting rights and the potential to receive dividends.

Debt to Total Assets Ratio

A financial metric indicating the proportion of a company's assets financed through debt, reflecting financial leverage and risk.