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 that the threshold

Question

Quizplus · Accepted Answer

In organizational buying, when orders exceed a certain threshold, it is common practice to obtain competitive bids from multiple suppliers to ensure the best value and compliance with procurement policies.

Because Orders in Organizational Buying Are Typically Much Larger Than