Question: Question 50 2 pts In Class, we discussed an example of a more detailed B2B buying process. Based on everything we discussed, what can you

Question 50 2 pts In Class, we discussed an

Question 50 2 pts In Class, we discussed an example of a more detailed B2B buying process. Based on everything we discussed, what can you conclude about Business buying behavior (B2B) relative to consumer buying behavior (B2C)? Inquiry Quote Engineer Purchase Req Buyer / GSM Price and Terms Negotiation Feedback calculations Authorization PO Technical questions Account Manager Product Line Manager Feedback and cost Technical questions Engineer SO Inside Sales Operations Shipment Products Tracking Info OQC Products and COC Logistics Invoice Accounting AR Number OA Products Purchaser Copy of PO IQC Confirmation of Products acceptance Operations Invoice OQC Accounting AP Payment The business buying process is generally more intricate and complex than the consumer buying process B2B markets involve fewer buyers and sellers relative to B2C markets Business purchases are generally much larger than the average B2C in terms of both quantity and revenue per order. O All of the Above o None of the Above

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!