The first stage of the typical purchasing process in organizations is to recognize that a need exists.

Question

Quizplus · Accepted Answer

This is correct. The first stage in the typical purchasing process for organizations is recognizing that a need exists. This need may come from a variety of factors, such as new product/service requirements, replacement of old equipment, or changes in business strategy. Once the need is recognized, the organization can move on to identifying specific requirements and researching potential solutions.

The First Stage of the Typical Purchasing Process in Organizations