Most large multistore chain resellers use __________ that are highly formalized to arrive at buying decisions.
A)buying committees
B)merchandise procurement centers
C)sustainable procurement committees
D)stakeholder groups
E)purchasing divisions

Question

Quizplus · Accepted Answer

Buying committees are common in large multistore chain resellers as they provide a highly formalized process for making buying decisions. These committees are composed of individuals with expertise in different areas relevant to purchasing decisions, such as marketing, finance, and operations. They evaluate different vendors and products, negotiate prices and terms, and make final purchasing decisions based on their findings. The use of buying committees helps ensure that purchasing decisions are informed, objective, and aligned with the company's overall goals and objectives.

Most Large Multistore Chain Resellers Use __________ That Are Highly