Because orders in organizational buying are typically much larger than in consumer buying, buyers must often ________ when the order is above a specific amount, such as $5,000.
A) pay estimated sales taxes in advance
B) move up the time required to execute a purchase agreement
C) get competitive bids from at least three prospective suppliers
D) forgo the purchase because senior management is unlikely to approve it
E) create separate orders in amounts less than a certain threshold

Question

Quizplus · Accepted Answer

In organizational buying, obtaining competitive bids from multiple suppliers is a common practice for large orders to ensure the best value and terms.

Because Orders in Organizational Buying Are Typically Much Larger Than