Identify the type of purchase which involves routinely reordering a product from the same supplier that it had been purchased from in the past.

Question

Quizplus · Accepted Answer

Straight rebuy involves routinely reordering from the same supplier a product that has been purchased in the past. Organizations use a straight rebuy when they are experienced at buying the product, have an ongoing need for it, and have regular suppliers of it.

Identify the Type of Purchase Which Involves Routinely Reordering a Product