Exam 7: Business Markets and Business Buyer Behaviour

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In the case of maintenance,repair,and operating items,buyers may use a ________ rather than periodic purchase orders.

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blanket contract

Why is the new-task buying situation both a great opportunity and a challenge for a marketer?

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In the new-task buying situation,decision participants put forth substantial effort to collect information and so are positioned to be influenced by a marketer's message; these situations are likely to be competitive,as other marketers also want to establish a relationship with the buyer.

A(n)________ controls the flow of information to others in the buying centre.

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gatekeeper

Describe the typical roles played by the various members of a buying centre.

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Most newspapers rely on ________ so they do not need to rely on only one supplier to provide the tons of paper that they use annually.

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Worthington Farm raises chickens.For years,it has used wooden coops for hauling its poultry to market.The owner of the farm needs to buy some replacement coops and is considering buying plastic coops that are slightly more expensive than wooden ones but much easier to clean after use.This purchase of coops is an example of a ________.

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How is the business buying process more formalized than the consumer buying process?

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In most organizations the buying activity can be divided into the buying ________ and the buying ________.

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John Herr's company has standardized the size of its paper bags so that each bag can be used in five to seven different store departments.This approach to cost reduction likely took place in the ________ stage of the business buying process.

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How have relationships between customers and suppliers changed in recent years?

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A statement prepared by a business buyer describing the quantity and general characteristics of the items needed is a product specification description.

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There are many factors considered in government buying,but ________ is,above all,the most important.

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Business buyer behaviour refers to the buying behaviour of organizations that buy goods and services for use in the production of other products and services that are sold,rented,or supplied to others.

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Buyer and seller are less dependent upon each other in the business buying process than in the consumer buying process.

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The major influences on the buying process at General Aeronautics include company policies and systems,technological change,and economic developments.The influences on the buying process in this scenario are most accurately categorized as ________ and ________.

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Which of the following statements about the supplier selection stage of the business buying decision process is true?

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The buying centre uses _____________ when deciding on the best product characteristics.

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Following a purchase,the buyer and seller would both monitor which phase of the new-task buying situation?

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In some ways,business markets are ________ consumer markets.

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Members of the buying centre at ABC Kid's World are drawing up a list of desired toy supplier attributes and their relative importance.Next,they intend to compare several suppliers to these attributes.In which step of the business buying process is the buying centre at ABC Kid's World engaged?

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