Register
A new-task buying in business market ____________. Group of answer choices is characterized by uncertainty and high perceived risk is not possible when the buyer is a business customer is similar to habitual
349,721 views
1 vote
1 vote
A new-task buying in business market ____________. Group of answer choices is characterized by uncertainty and high perceived risk is not possible when the buyer is a business customer is similar to habitual decision making in the consumer market begins with evaluating potential vendor proposals is essentially a low involvement buying situation

User Sbenderli
by
3.2k points

1 Answer

13 votes
13 votes

Answer: begins with evaluating potential vendor proposals

Step-by-step explanation:

A new-task buying in business refers to when a company is buying a good for the first time and so have no experience in the matter and do not have selected vendors that they can trust more in this endeavour.

In that case, the best first step would be to evaluate the proposals of different vendors so that the company can see which one would serve its needs best based on the different parameters that they have. They can then begin to source goods from that vendor after further scrutinization.

User Btwiuse
by
3.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers

Other Questions

If the rate of inflation in Japan dramatically increases while the rate of inflation in the United States remains constant, then a. the demand curve for dollars shifts to the left. b. the demand curve
The market value of the equity of Hudgins, Inc., is $582,000. The balance sheet shows $21,000 in cash and $192,000 in debt, while the income statement has EBIT of $93,000 and a total of $137,000 in depreciation
Kylie is risk averse and has $1,000 with which to make a financial investment. She has three options. Option A is a risk-free government bond that pays 5 percent interest each year for two years. Option
From the standpoint of the issuing company, a disadvantage of using bonds as a means of long-term financing is that Group of answer choices bond interest is deductible for tax purposes. interest must be
Elroy Rocket is entering his senior year as an accounting major and has a number of options for his summer break. His options for the 3 month break follow: (1) Work full time at a local accounting firm
Link Copied!