The Eagle Pawn Company is a regional business that owns seven pawn stores in the Houston area. The owners of Eagle Pawn have recently purchased a new software system designed to better track their inventory. Now that they have had the system for a couple of months, they have decided to upgrade to a newer version. The original purchase is an example of a(an) ________, while the current purchase will be a(an) _____.

Question

Quizplus · Accepted Answer

The original purchase of the software system represents a new task, as it was a new requirement for the business. The decision to upgrade to a newer version of the software is a modified rebuy, as it involves revisiting and modifying an existing purchase decision.

The Eagle Pawn Company Is a Regional Business That Owns