The organization's buying behaviors of raw materials for production purposes is called?
Correct answer: A. business buyer behavior
- A. business buyer behavior
- B. derived demand
- C. business buying process
- D. cognitive dissonance
Explanation
Business buyer behavior describes how organizations purchase raw materials, equipment, and other inputs for production or operations. Derived demand explains why this demand exists, but it is not the name of the buying behavior itself.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? [email protected]
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.
Discussion
Stuck on an option, or know a faster way to get there? Ask or explain it here.
No comments yet. Be the first to explain this one.
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 trial amount of any market offering for limited time before full introduction in market is classified as?
The firm can obtain new product by?
The business buying situation in which the order is placed for first time is?
The stage in buying behavior which follows the reviews of supplier proposals by business buyer is?
The pricing strategy which provides the right combination of good service and quality at fair price is classified as?
In business buying process, the group who has formal authority of supplier selection is classified as?