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The Buying Process of Private Sector Companies, Such as Manufacturers

Question 1

Multiple Choice

The buying process of private sector companies, such as manufacturers and resellers, differs from the buying process of institutional organizations since companies:


A) have low budgets and seek the best value when buying products.
B) are likely to engage in reciprocal buying.
C) always opt for the supplier with the lowest price.
D) must disclose their buying criteria and buying process to the public.
E) make purchases that comply with the policy guidelines set by WTO.

Correct Answer:

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