The buying decision is likely to be most complex and take longest to complete in a new buy B2B buying situation.
<h3>What Is the New Buy Situation ?</h3>
In a NEW BUY situation, the buying center is likely to proceed through all six steps in the buying process and involve many people in the buying decision.
A new buy situation occurs when the customer buys goods or service for the first time. Because of this, the buying decision is quite involved to the extent of going through the six steps of the buying process.
The three types of buying situations are;
- new buys.
- modified rebuys.
- straight buys.
For example, in the new buy situation, a single organization is the first to buy a particular product or service, Hence, we would expect the provision of more product and service descriptions than in a straight rebuy situation where the organization is already familiar with the products and just simply reorders an existing product or service from preferred suppliers.
Therefore, we can conclude that the correct option is C.
Your question is incomplete, but most probably your full question was:
a. modified rebuy
b. straight rebuy
c. new buy
d. adapted buy
e. generic buy
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Answer:
Annual deposit= $3,474.39
Explanation:
Giving the following information:
You want to have $60,000 in your savings account 12 years from now, and you’re prepared to make equal annual deposits into the account at the end of each year. The account pays 6.4 percent interest.
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (60,000*0.064)/[(1.064^12)-1]= $3,474.39
Answer:
The answer is C. Private economic activities create externalities; government activities do not
Explanation:
In economics, externality is a situation in which the actions or activities of an organization results to a cost or benefits borne by a third party e.g the community.
This activities mostly arose from company's production or consumption. There are positive and negative externality.
Example of negative externality is pollution
Answer:
2. Have both the buyer and seller sign required disclosures describing the designated sales agency relationship and stating that each the buyer and seller have assets of $1 million or more.