What term refers to the business buying situation in which a company buys component parts never before purchased?

Name: What term refers to the business buying situation in which a company buys component parts never before purchased?
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Question

Quizplus · Accepted Answer

New-task buying refers to situations where a company is purchasing a product or component for the first time, which often involves a more complex decision-making process due to the lack of previous experience with the product.

What Term Refers to the Business Buying Situation in Which