Question

A representative from Pepsi stops by at a local fast-food restaurant once a month to inquire how much soft drink syrup the store will need. The restaurant's orders are an example of which type of business purchase?

Answer 1

Answer:

C. Straight rebuy

Explanation:

Straight rebuy involves buying or reordering supplies and commodities on a routine basis from a supplier or seller who's on an approved list. It involves class customer making a purchase of thesame commodity at the same amount from the same supplier. In this case, the local fast food is the customer making the straight rebuy and Pepsi is the supplier on the approved list of the fast food.

Straight rebuy comes as a result of the decision for customers to buy exactly the same product as the last time at thesame quantity from thesame supplier.

Answer 2

Answer:

Straight rebuy

Explanation:

A straight rebuy is a type of business purchase in which the buyer on a routine basis, without considering other new products or suppliers, reorders the same products or supplies from an approved supplier. According to this definition, we can conclude that the restaurant’s orders are an example of straight rebuy.