Large multi-store chain retailers such as Sears,Safeway,and Target use a highly formalized buying center referred to as a(n)
A) ad hoc committee.
B) buying committee.
C) central control unit.
D) purchasing department.
E) purchasing control system.

Question

Quizplus · Accepted Answer

Large multi-store chain retailers such as Sears, Safeway, and Target use a highly formalized buying center referred to as a buying committee. The buying committee typically consists of various individuals responsible for different aspects of the purchasing decision, including product selection, negotiations, and approval. The formalized structure ensures that purchases are made efficiently and effectively, with input from multiple perspectives.

Large Multi-Store Chain Retailers Such as Sears,Safeway,and Target Use a Highly