In which of the following situations does an organization use modified rebuy?

Question

Quizplus · Accepted Answer

Modified rebuy is used when some aspects of the buying situation are unfamiliar, but the organization has some experience with buying the product or service. In this situation, the organization may need to modify its buying decision, which could involve seeking additional information or consulting with new suppliers. Option B is incorrect because a high-priority product that is rarely bought would likely constitute a new buy situation. Option C is incorrect because just-in-time inventory management is a method of managing inventory and does not necessarily influence the type of buying situation. Option D is incorrect because modified rebuy occurs when there is a change in policies or procedures that may impact the buying decision, so constant policies and procedures would not result in a modified rebuy situation.

In Which of the Following Situations Does an Organization Use