A regular order is characterized by ________.
A) a high degree of negotiation on an ongoing basis
B) a high level of opportunistic buying
C) a uniform contract with standardized terms
D) the use of opportunistic buying by a discounter

Question

Quizplus · Accepted Answer

A regular order is a purchase that occurs on a recurring basis and involves a uniform contract with standardized terms. The terms are agreed upon in advance, and there is not a high degree of negotiation on an ongoing basis. Opportunistic buying, which involves taking advantage of short-term opportunities for price discounts, is not typically associated with regular orders.

A Regular Order Is Characterized by ________