Explain the concept of the buying centre. What factors may influence the behaviour of the buying centre?
Question:
Explain the concept of the buying centre. What factors may influence the behaviour of the buying centre? What is the role of gatekeepers in buying centres and how do they influence the buying decision?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (8 reviews)
The buying centre is simply the group of individuals responsible for purchase decisions in B2B marke...View the full answer
Answered By
Anoop V
I have five years of experience in teaching and I have National Eligibility in teaching (UGC-NET) .
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
What factors may influence the value of a corporations common share capital?
-
What are firmographics, and how do they influence organizational culture?
-
What factors may influence a firm's decision to enter into share repurchases?
-
Discussion Post: Suppose you were considering investing in a Series I Bond. The bond will pay 5% interest. However, bond A compounds annually, and bond B compounds semiannually. Provide a detailed...
-
A city is hit by an Asian flu epidemic. Official estimates that t days after the beginning of the epidemic the number of persons sick with the flu is given by p(t) = 120t2 - 2t3, when 0 t 40. At...
-
a. What are the two basic types of risk? b. What is the distinction between the two types of risk?
-
Fun-Tastic Shows, Inc., is a company that hosts carnivals and similar events. Susan Swartwood, Crystal Groth, and a minor (named in the case as M.G.S.) attended Fun-Tastics Rhododendron Festival in...
-
Skop Inc. is a construction company specializing in custom patios. The patios are constructed of concrete, brick, fiberglass, and lumber, depending upon customer preference. On June 1, 2012, the...
-
Ricardo works for Bank B and is talking about loans with a consumer. He provides the consumer with a general explanation regarding the basic qualifications of a loan. Although the consumer plans to...
-
Jamal took over as the general manager of High view Clique Resort Ltd., a famous tourist hotel in October 2020. At the time, the salaries to employees were six months in arrears. The hotel rooms,...
-
List five specific ways in which the Internet has enhanced B2B buying and decision-making.
-
Explain how understanding the role, structure, and behaviour of a buying centre may help a marketer to sell to B2B buyers.
-
Federally supported state health planning has risen and fallen since the passage of Medicare and Medicaid. Identify the advantages and disadvantages of statewide or area wide health planning from the...
-
The items needed to use the Units of Output Method of depreciation are: The current value of the machine, and the purchase price Estimated life remaining, whether the item is a 5 or 7 year asset The...
-
Cash overages and shortages are most commonly caused by: Employees stealing from the company Incorrectly counting change to a customer An accounting software glitch A faulty cash register Organized...
-
Fred provided tax services to a client, and received payment at time of delivery. He deposited the payment in the bank. Which entry should he make? Debit Tax Revenues Earned; Credit Sales Debit Bank;...
-
Precision Management Company has six unpaid vendor invoices at the end of the month totaling $5,000. The Cash to Accrual conversion entry would be: Debit Miscellaneous Expense, $5,000; Credit...
-
Your company estimates that 5% of this month's $100,000 Sales on account will eventually be written off. The entry should be: Debit Bad Debt Expense, $5,000; Credit Bad Debt Allowance, $5,000 Debit...
-
A normal distribution has a standard deviation equal to 32. What is the mean of this normal distribution if the probability of scoring above x = 200 is .0228?
-
Reconsider Prob. 1474. In order to drain the tank faster, a pump is installed near the tank exit as in Fig. P1475. Determine how much pump power input is necessary to establish an average water...
-
Give an example of a retailer that participates in an independent (conventional) supply chain and one involved in a vertical marketing system. Discuss the advantages and disadvantages of each?
-
For each of the following consumer products, identify the type of vertical marketing system used, and justify your answer: (a) Bertolli pasta sold through grocery stores, (b) Krispy Kreme donuts sold...
-
Why might a big company like Dell want to develop strategic partnerships with locally owned computer stores? Describe what Dell would have to do to maintain such relationships.
-
Silverton Confectionery is a growing Berkshire-based company specialising in selling quality chocolates and sweets at higher than average prices through newsagents and confectioners. At present their...
-
4. X, the proprietor of a departmental store, decided to calculate separate profits for his two departments L and M for the month ending 31st January. Stock on 31st January could not be valued for...
-
What level of confidentiality should be attached to the preparation and handling of a memorandum of law? Why? Assume you have been working for a legal specialist in estate law for a number of years...
Study smarter with the SolutionInn App