Businesses follow a defined buying decision process in order to ensure the goods and services they purchase will meet their organization's needs.The process has multiple stages; in one of the stages the business will consider a proposal usually given to them in writing by a supplier.This stage may include competitive bidding depending on the company.This proposal consideration takes place in which of the following stages of the business buying decision process?

Question

Businesses follow a defined buying decision process in order to ensure the goods and services they purchase will meet their organization's needs.The process has multiple stages; in one of the stages the business will consider a proposal usually given to them in writing by a supplier.This stage may include competitive bidding depending on the company.This proposal consideration takes place in which of the following stages of the business buying decision process?​

Quizplus · Accepted Answer

The proposal consideration, including competitive bidding, typically occurs in the fifth stage of the business buying decision process, known as the "Proposal Solicitation" stage.

Businesses Follow a Defined Buying Decision Process in Order to Ensure