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Kryger [21]
2 years ago
15

Normally, FlexFit Athletic company uses an imported fabric blend in its clothing line. However, a price increase from their exis

ting supplier is forcing the company to look elsewhere and find a different company to source these fabric blends. In the B2B buying process, this is an example of
Business
1 answer:
kirza4 [7]2 years ago
4 0

In the B2B buying process, this action of FlexFit Athletic Company to source its fabric blends from a different company because of the price increase from their existing supplier is an example of <u>Need recognition</u>.

<h3>What is need recognition?</h3>

Need recognition is the perception of a gap between current circumstances and desired situations.

Need recognition is always triggered by either internal or external stimuli.

For instance, the price increase by the existing supplier is an external stimulus that triggered FlexFit to recognize its need to have more than one supplier of its fabric blends.

Thus, this action of FlexFit Athletic Company to source its fabric blends from a different company because of the price increase from their existing supplier is an example of <u>Need recognition</u>.

Learn more about need recognition at brainly.com/question/19566991

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<h3>What is business management and Business administration?</h3>

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5 0
2 years ago
"In the context of goal-setting theory, _____ is information about the quality or quantity of past performance and indicates whe
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Feedback is structured to see where things go right and where they go wrong. This suggests that leaders may need to be vigilant while they develop new behaviors and conquer the learning curves of new skills.

6 0
3 years ago
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3 years ago
Arianne has a passion for designing clothes and decides to open her own clothing store. she starts it by taking personal loans f
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A sole proprietorship is the simplest business form among all businesses. It doesn't have a legal entity because its debts will be personally covered by its owner. All its profit and loss will be enjoys and paid for by Arianne and the coverage of its debts is unlimited. 
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3 years ago
Read 2 more answers
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