The buying situation in which suppliers make effort to maintain quality of materials is classified as_________?
Correct answer: A. straight rebuy
- A. straight rebuy
- B. turned rebuy
- C. new buy
- D. purpose buying
Explanation
A straight rebuy is a routine repeat purchase in which the buyer generally continues with established suppliers and quality expectations. The other terms are not standard buying-situation classifications.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? support@testustad.com
About Marketing
Marketing covers how organisations identify customer needs, create value and exchange products or services through suitable markets. Key concepts include market segmentation, targeting, positioning, consumer behaviour, the marketing mix of product, price, place and promotion, branding, product life cycle and differences between marketing and selling.
Practise Marketing
1,700 free Marketing MCQs from Management Sciences, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Management Sciences questions like this
Management Sciences is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Marketing questions
The individuals or groups that influence buying decision and provide information of alternatives are classified as_________?
The buying situation in which purchases are ordered from suppliers on an approved list is classified as_________?
The market which consists the large number of buyers of product that are supplied, rented or sold to others is classified as_________?
When customers are given with the perspective that allows the company to put its best services forward are classified as__________?
In new-task buying mode, the business buyer makes the__________?
In modified rebuy, the suppliers that see opportunities to expand business are classified as________?