A straight rebuy purchase decision occurs:
A)when the firm has previously chosen a vendor and intends to place a reorder.
B)when a company is dissatisfied with their current vendor and wants to consider new options.
C)when a new company makes an offer that appears to be more attractive than what is currently being supplied by the current vendor.
D)at the end of a contractual relationship and the company wants to evaluate competitive bids.

Question

Quizplus · Accepted Answer

A straight rebuy purchase decision occurs when the firm has previously chosen a vendor and intends to place a reorder, without considering new vendors or options. This is a routine and efficient decision-making process that involves minimal evaluation and risk.

A Straight Rebuy Purchase Decision Occurs