The decision made by the design team and the order placed by the procurement team indicate that the type of buy made by Claystone is a:
A)new buy.
B)supplier buy.
C)modified rebuy.
D)discount buy.
E)straight rebuy.

Question

Quizplus · Accepted Answer

The decision made by the design team and the order placed by the procurement team indicate that Claystone is in a modified rebuy situation. This means that they have previously purchased similar products but are now modifying the specifications or suppliers. A new buy means the organization is purchasing a product for the first time, while a straight rebuy means they are buying the same product from the same supplier without any modifications. A supplier buy is not a recognized type of buy, and a discount buy refers to a special pricing arrangement with a supplier.

The Decision Made by the Design Team and the Order