Question: What are the key differences between purchasing in consumer and business markets? The buying centre refers to all the individuals and units participating in business

What are the key differences between purchasing in consumer and business markets? The buying centre refers to all the individuals and units participating in business purchase decisions. These participants in the buying centre can play any one of five roles in a business purchase decision. Briefly explain the five roles that arise in the buying centre for business purchase decisions.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Goodand effective marketing strategy consists of clear understanding of the marketbeing served These markets are of two types 1 BusinessMarket involve... View full answer

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 Managerial Accounting Questions!