Businesses follow a defined buying decision process in order to ensure the goods and services they purchase will meet their organization's needs. The process has multiple stages; in one of the stages, the business will consider a proposal usually given to them in writing by a supplier. This stage may include competitive bidding depending on the company. This proposal consideration takes place in which of the following stages of the business buying decision process?

Question

Quizplus · Accepted Answer

The proposal consideration typically occurs in the fourth stage of the business buying decision process, where businesses evaluate and compare proposals from suppliers before making a purchase decision.

Businesses Follow a Defined Buying Decision Process in Order to Ensure