Question : The decision-making unit of a buying organization is called its ____________ all the people and entities involved in the business decision-making process.
Option 1: Purchasing center
Option 2: Bidding center
Option 3: Buying center
Option 4: Demand-supply center
Answer (1)
24th Jan, 2024
Correct Answer: Buying center
Solution :
The term "buying centers" describes the teams of individuals, either inside or outside a firm, who have some degree of control over the purchasing process.
It is also called the decision-making unit.
It brings together "all those organizational members who get involved in the purchasing process for a specific good or service.
Hence option c is the correct answer.
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