A Buying Center That Makes Its Decisions by Majority Vote

question 102

Multiple Choice

A buying center that makes its decisions by majority vote is a(n) ________ buying center.

• A)autocratic
• B)democratic
• C)consultative
• D)consensus
• E)bureaucratic

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Definitions:

Valuation Approach

The methodologies and procedures used to determine the value of an asset, a company, or a financial instrument.

Expected Earnings

The anticipated profit or income generated by an investment or a business activity in a future period.

Disadvantages

The drawbacks or unfavorable aspects associated with a particular decision, action, or strategy.

P/E Ratios

Price-to-Earnings Ratio, a valuation measure comparing the current share price of a company to its per-share earnings, indicating the dollar amount an investor can expect to invest to receive one dollar of the company's earnings.