LifeCare,a group of hospitals,is looking to buy new medical equipments for its hospitals.The company decides to look for various options available in the market rather than buying from their usual supplier,as they wanted new sophisticated features in the products.This buying situation in which the purchaser is willing to reevaluate its available options is an example of _____.

Question

Quizplus · Accepted Answer

The given scenario is an example of a modified rebuy, in which the purchaser is willing to reevaluate its options for buying new equipment with new features. A straight rebuy is a situation where the purchaser opts for the same product from the same supplier without any reconsideration. Business process reengineering is a management approach, which is not relevant in this scenario. Cross-docking is a logistics tactic of unloading materials from incoming trucks and rapidly loading them onto outbound vehicles.

LifeCare,a Group of Hospitals,is Looking to Buy New Medical Equipments