Most large multistore chain resellers use __________ that are highly formalized and known as buying committees to arrive at buying decisions.
A)buying committees
B)buying cohorts
C)sustainable procurement committees
D)stakeholder groups
E)purchasing divisions

Question

Quizplus · Accepted Answer

Large multistore chain resellers typically use buying committees to make purchasing decisions. These committees are highly structured and formalized, and they typically involve multiple individuals from different departments or locations within the company. By working together, these committees can evaluate different products and suppliers, negotiate pricing and terms, and ultimately make informed decisions that are based on the needs of the company and its customers. This approach helps ensure that buying decisions are objective, data-driven, and aligned with the larger goals of the organization.

Most Large Multistore Chain Resellers Use __________ That Are Highly