The buying situation in which purchases are ordered from suppliers on an approved list is classified as_________?

Related Mcqs:

1. The network of company’s suppliers, immediate customers of suppliers, end users and suppliers of suppliers is classified as ____________?

   A. hybrid network B. value network C. functional network D. predatory network...

2. The buying situation in which suppliers make effort to maintain quality of materials is classified as_________?

   A. straight rebuy B. turned rebuy C. new buy D. purpose buying...

3. The customers, distributors and suppliers collectively provide ideas for new-product development are classified asThe customers, distributors and suppliers collectively provide ideas for new-product development are classified as?

   A. idea’s external sources B. acquisition of ideas C. primary sources D. secondary sources...

4. The purchases of schools, nursing homes, prisons and other institutions are classified as_________?

   A. government markets B. consumer markets C. institutional markets D. business markets...

5. In modified rebuy, the suppliers who want to protect their business are classified as_________?

   A. modified suppliers B. new suppliers C. in-suppliers D. out-suppliers...

6. A company’s operations to link private changes with special group of suppliers are classified as_________?

   A. public exchanges B. private exchanges C. spot markets D. exchange markets...

7. To avoid complex buying situation, the buying of packaged solution from single seller is considered as?

   A. new task B. modified rebuy C. straight rebuy D. solutions selling...

8. The buying mode in which the buyer purchases products or services for the very first time is classified as________?

   A. new task B. modified task C. straight task D. in-house task...

9. The buying mode which requires additional participants at buyers and suppliers end is best classified as__________?

   A. modified buyers B. modified task C. modified rebuy D. modified buy...

10. In business buying process, the group having informal or formal power of approving suppliers is classified as?

    A. user B. influencer C. decider and gatekeeper D. buyer...