Question

Which buyclass framework occurs when a company chooses to shop around for suppliers​ with, perhaps, a better price​ structure? A. Product specification buy B. Procurement buy C. Modified rebuy D. Customer reference program E. Straight rebuy

Answer 1

Option C

Modified rebuy framework occurs when a company chooses to shop around for suppliers​ with, perhaps, a better price​ structure

Explanation:

Modified Rebuy a purchasing circumstances in which an self or company acquires products that have been acquired earlier but varies unless the supplier or any another part of the former plan.  In this the customer requires to alter goods stipulations, terms, costs, suppliers.

In this instance the “in supplier” has to preserve his statement whereas the “out supplier” views it as a more generous proposal and earn some market. A modified rebuy is limited risky and utilizes more limited time. A new goods enlightenment from the pioneer version eternally generates a revised rebuy situation.