Rajiv Owns a Large Department Store

question 22

Multiple Choice

Rajiv owns a large department store.He identifies that he has to cut costs owing to an organizational crisis.He feels that if all the fluorescent light bulbs in the store were replaced with energy-efficient LED light bulbs,then he could save significantly on the cost of electricity.Identify the stage of the organizational buying process that Rajiv is currently in.

• A)Purchase activity
• B)Postpurchase evaluation
• C)Organizational need
• D)Vendor analysis

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Definitions:

Visa Card

A branded payment card that allows users to make transactions electronically, withdrawing funds from the cardholder's account.

Company Check

A company check is a check issued by a business from its own account to pay for goods, services, or obligations.

Withdrawals

Amounts of money taken out from a business by its owners for personal use, reducing the owner's equity.

Parasympathetic Nerve

Nerves of the parasympathetic nervous system that help slow down the body's activity and allow the body to rest and digest.