Shining Lights Pty Ltd purchases several thousand light bulbs each year to install in its light fittings. Which approach is Shining Lights likely to take to ensure the light bulbs are satisfactory?

Question

Quizplus · Accepted Answer

Analyse business buyer behaviour and decision making. For high-volume, standardised purchases a sample of the product may be inspected or analysed. The sample is taken to be representative of the quality of the product. This method is appropriate for bulk purchases of commodities, such as sugar, or mass manufactured items, such as light bulbs.

Shining Lights Pty Ltd Purchases Several Thousand Light Bulbs Each