Solved

The Dallas Morning News Needed a New Printing Press Comparable

Question 131

Multiple Choice
The Dallas Morning News needed a new printing press comparable to the one that needed to be replaced.The firm's familiarity with the product and its manufacturer caused it to approach two companies--one in the United States and one in Japan--to see which could offer the better deal.It negotiated with both companies and quickly decided to buy from the Japanese manufacturer when it offered to sell a press for $2.2 million less than its U.S.competitor.This purchase was an example of a:

The Dallas Morning News needed a new printing press comparable to the one that needed to be replaced.The firm's familiarity with the product and its manufacturer caused it to approach two companies--one in the United States and one in Japan--to see which could offer the better deal.It negotiated with both companies and quickly decided to buy from the Japanese manufacturer when it offered to sell a press for $2.2 million less than its U.S.competitor.This purchase was an example of a:


A) contingency buy
B) modified rebuy
C) negotiated buying system
D) straight rebuy
E) new buying situation

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents