Marketing 442 - Business to Business Marketing » Spring 2024 » Quiz Ch 2
Need help with your exam preparation?
Get Answers to this exam for $6 USD.
Get Answers to all exams in [ Marketing 442 - Business to Business Marketing ] course for $25 USD.
Existing Quiz Clients Login here
Question #1
The simple modified rebuy
A.
sourcing products of some importance
B.
Involves a narrow set of choice alternatives
C.
low-value and low-importance items
D.
Large choice of possible suppliers
Question #2
Those buying decisions that involve a narrow set of choice alternatives, encompass a moderate amount of both information search and analysis, and concentrate on the long-term relationship potential of suppliers are called:
A.
Simple modified rebuy
B.
Routine, low-priority rebuy
C.
Casual rebuy
D.
Complex modified rebuy
Question #3
The environmental forces that influence organizational buying behavior include:
A.
Political and legal factors
B.
Technological factors
C.
All of these
D.
Economic factors
Question #4
Because of the technical complexity of the product, the difficulty of evaluating alternatives, or the unpredictable aspects of dealing with a new supplier, this type of buying decision involves the greatest level of uncertainty.
A.
Modified rebuy
B.
Strategic new task
C.
Casual rebuy
D.
Judgmental new task decision
Question #5
Individuals who control the flow of information into the buying center are performing the role of a
A.
Gatekeeper
B.
Decision maker
C.
Buyer
D.
Influencer
Question #6
Individuals actually making the buying decision, whether or not they have the formal authority to do so, are performing the role of:
A.
Decision maker
B.
Gatekeeper
C.
Influencer
D.
Buyer
Question #7
Upon meeting with a General Electric buyer, a salesperson learned that the G.E. purchasing function is unhappy with the supplier's performance and is openly considering new options. This provides an illustration of a
A.
None of these
B.
Casual rebuy
C.
Straight rebuy
D.
Modified rebuy
Question #8
Which of the following are ambitious strategic priorities being pursued by many chief procurement officers?
A.
All of these
B.
Becoming business partners
C.
Emphasizing more than just price, including a focus on business outcomes, total cost of ownership, and development of long-term value
D.
Developing fewer and deeper relationships
Question #9
Buying decisions that are somewhat important to the firm and involve a moderate amount of analysis are:
A.
Simple modified
B.
Casual
C.
Routine, low-priority
D.
Complex
Question #10
A significant increase in the price of gasoline that leads to a decrease in the purchases of new automobiles is an example of the impact of which environmental force?
A.
Legal factors
B.
Political factors
C.
Economic factors
D.
Technological factors
Need help with your exam preparation?
Get Answers to this exam for $6 USD.
Get Answers to all exams in [ Marketing 442 - Business to Business Marketing ] course for $25 USD.
Existing Quiz Clients Login here