Which of the Following Is a Buying Process Characteristic of Organizational

question 5

Multiple Choice

Which of the following is a buying process characteristic of organizational buying behavior?

• A)Advertising and other forms of promotion are technical in nature.
• B)Demand for industrial products and services is derived from consumer demand.
• C)Direct selling to organizational buyers is the rule,and distribution is very important.
• D)There are multiple buying influences,and multiple parties participate in purchase decisions.

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Definitions:

Simple Random Samples

A subset of a population in which every member has an equal chance of being selected, ensuring that the sample represents the population well.

Distribution of Sample Means

Describes the dispersion or spread of the means of multiple samples drawn from the same population, often approximated by a normal distribution.

Sampled Population

The subset of individuals from a larger population used in a statistical study.

Standard Error

A measure of the accuracy with which a sample distribution represents a population by using the standard deviation of the sample means.