Large multistore chain retailers such as 7-Eleven convenience stores, Safeway, and Target use a highly formalized buying center that is referred to as
A)an ad hoc committee.
B)a buying committee.
C)a merchandise procurement center.
D)a purchasing department.
E)a purchasing control system.

Question

Quizplus · Accepted Answer

The question asks for the formalized buying center used by large multistore chain retailers. Among the options provided, the buying committee is the term commonly used to refer to the group of people responsible for making purchasing decisions in these organizations. The other options are either too general (such as ad hoc committee or purchasing department) or too specific (such as merchandise procurement center or purchasing control system) and do not adequately capture the buying center concept in this context.

Large Multistore Chain Retailers Such as 7-Eleven Convenience Stores, Safeway