Because orders in organizational buying are typically much larger than in consumer buying, such as when the order is above a specific amount, such as $5,000, the buyers often must
A)pay taxes out of their own pockets
B)get competitive bids from at least three prospective suppliers
C)carry personal insurance to cover possible losses
D)lie to their superiors about how much things really cost

Question

Quizplus · Accepted Answer

In organizational buying, because orders are typically much larger than in consumer buying, buyers often must get competitive bids from at least three prospective suppliers to ensure they are getting the best value for their money. This is particularly important when the order is above a specific amount. Therefore, option B is the best choice. The other options are not relevant or ethical practices in organizational buying.

Because Orders in Organizational Buying Are Typically Much Larger Than