The administrative department of Newell Inc.has been routinely purchasing stationery and miscellaneous office supplies from its supplier,Accent Services,for eight years.In order to save time,the company has an automated computer system that automatically reorders certain commonly used supplies as and when they are depleted.This organizational buying of Newell Inc.typically exemplifies a _____.

Question

Quizplus · Accepted Answer

The given scenario describes a straight rebuy as the company has been purchasing the office supplies for eight years and has an automated system to reorder them when they are depleted. In a straight rebuy situation, the buyer reorders goods that have been purchased numerous times before without any modifications in the purchase specification or supplier selection.

The Administrative Department of Newell Inc