The business buying process tends to be longer and more formalized than the consumer buying process.

Name: The business buying process tends to be longer and more formalized than the consumer buying process.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The business buying process often involves multiple decision-makers, extensive research, and a formal bidding or negotiation process, which makes it longer and more formalized compared to the consumer buying process, which is often more impulsive and based on personal preferences.

The Business Buying Process Tends to Be Longer and More