A Straight Rebuy

question 140

Multiple Choice

A straight rebuy

• A) involves setting product specifications and evaluating sources of supply.
• B) occurs when an organization has a new need and the customer wants a great deal of information.
• C) is an in-between process where some review of the buying situation is done.
• D) occurs when an organization has a new need but the customer wants only minimal information.
• E) is a routine repurchase that may have been made many times before.

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Definitions:

Ratio

A mathematical expression that represents the relationship between two numbers, showing how many times one value contains or is contained within the other.

Equivalent Ratio

Ratios that express the same relationship between numbers, even though they may look different.

Smallest Term

The term within a mathematical expression, sequence, or series that has the least value.

Ratio

A mathematical representation of the relationship between two numbers or quantities, indicating how many times one is as large as the other.