Large multistore chain retailers such as 7-Eleven conveniencestores, Safeway, andTarget use a highly formalized buying center that is referred to asa(n)Select one:9 a. purchasing control system.b. purchasing department.C. merchandise procurement center.d. ad hoc committee.e. buying committee.Your answer is incorrect.Because orders in organizational buying are typically much largerthan in consumerbuying, buyers must oftenwhen the order is above aS outspecific amount, such as$5.000.lartinnMODDELL

Highly formalized buying centre is a feature of large multi store chain retailers.

Answered: Large multistore chain retailers such…

Large multistore chain retailers such as 7-Eleven convenience stores, Safeway, and Target use a highly formalized buying center that is referred to as a(n)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Large multistore chain retailers such as 7-Eleven convenience
stores, Safeway, and
Target use a highly formalized buying center that is referred to as
a(n)
Select one:
9 a. purchasing control system.
b. purchasing department.
C. merchandise procurement center.
d. ad hoc committee.
e. buying committee.
Your answer is incorrect.
Because orders in organizational buying are typically much larger
than in consumer
buying, buyers must often
when the order is above a
S out
specific amount, such as
$5.000.
lartinn
MOD
DELL

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