Business Markets: Decision Makers and Purchase Process Roles

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10 Questions

What factors play a part in the buyer's decision-making process, according to the provided text?

How likeable the seller is

In the B2B model, what stage immediately follows the 'Evaluation & Selection' stage?

Request for Proposal from Suppliers (RFP)

What type of buying situation involves a firm making a purchase for the first time?

New Buy

Which stage is NOT part of the individual purchase decision process outlined in the text?

Request for Proposal from Suppliers (RFP)

How do buyers typically simplify their decision-making process when faced with overwhelming information?

By considering personal factors like the likeability of the seller

What is the primary role of a Gatekeeper in a buying center?

To decide if and when a salesperson gets access to members of the buying center

Which of the following individuals is responsible for making the actual purchase?

The Purchaser

What is the term used to describe groups of people within organizations who make purchasing decisions?

Buying centers

Who is the person who identifies a need or want in a B2C or B2B purchasing decision?

The Thinker

What factor affects the choices made by a buying center?

Interpersonal dynamics between people in a buying center

Learn about the individuals involved in the purchasing decisions in business markets, including the roles of Thinker, Decision Maker, Purchaser, and User. Understand the stages of individual and organizational purchase decisions, as well as the concept of Buying Centers.

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