Which of the following explains 'Purchasing Market Research'?
A) The systematic gathering, classification and analysis of data.
B) The systematic gathering, classification and analysis of data considering all relevant factors that influence the procurement of goods and services for the purpose of meeting present and future company requirements.
C) The systematic gathering, classification and analysis of data considering all relevant factors that influence the procurement of goods and services.
D) The systematic gathering, classification and analysis of data considering all relevant factors that influence the procurement of goods and services for the purpose of meeting present.

Question

Which of the following explains 'Purchasing Market Research'? 
A) The systematic gathering, classification and analysis of data. 
B) The systematic gathering, classification and analysis of data considering all relevant factors that influence the procurement of goods and services for the purpose of meeting present and future company requirements. 
C) The systematic gathering, classification and analysis of data considering all relevant factors that influence the procurement of goods and services. 
D) The systematic gathering, classification and analysis of data considering all relevant factors that influence the procurement of goods and services for the purpose of meeting present.

Quizplus · Accepted Answer

The purchasing market research involves the systematic gathering, classification, and analysis of data while considering all relevant factors that influence the procurement of goods and services for the purpose of meeting present and future company requirements.

Which of the Following Explains 'Purchasing Market Research