Organizational buyers - Study guides, Class notes & Summaries

NCMA CPCM test Questions with multiple choices verified If you are an experienced contract management leader and you need to make a fast, high risk decision in an uncertain situation, what is the best approach? -Intuition -Fact finding -Analysis -Consultation - CORRECT ANSWER-Intuition When pre-planning strategies for making a decision, the leader should: -Dispel assumptions that can negatively affect his/her leadership role -Assume others think in a certain way -Provide no ind...

Demand ability of buyers to purchase goods and services at different prices Supply amount of goods and services for sale at different prices Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:01 / 0:15 Full screen Brainpower Read More What drives demand? consumer statistics preferences economic conditions What is the underlying cause of movement among the demand curve? price Microeconomics behavior among individual consumers ...

MIE 201 Exam 3 Question and answers correctly solved 2023/2024 Channel Marketing - correct answer an organized network of firms that work together to get goods and services from producer to consumer. Distribution strategy - correct answer overall plan for moving products to buyers Wholesalers - correct answer sell to organizational customers including other wholesalers, government agencies, and educational insitiuaions. These products are then resold or made into new products. reati...

IBS Exam 2 Questions & Answers 2024/2025 Small and medium-sized enterprises (SMEs) - ANSWERSFirms with less than 500 employees. Industry-based considerations: Porter's 5 forces framework - ANSWERS1) Interfirm rivalry 2) Entry barriers 3) Bargaining power of suppliers 4) Bargaining power of buyers 5) Threats of substitute products have a bearing on entrepreneurship. Resource-Based considerations: VRIO framework - ANSWERS1) Value - you want resources that add value 2) Rarity - you...

MBA 706 Test 1 Questions and Answers Already Passed Question: What is the purpose of a SWOT analysis in strategic planning? Answer: A SWOT analysis is used to identify an organization's Strengths, Weaknesses, Opportunities, and Threats. It helps businesses understand their internal capabilities and external environment, guiding strategic decisions. Question: How does Porter's Five Forces model help businesses understand their competitive environment? Answer: Porter's Five Fo...

What is strategy? An integrated set of goal-directed actions a firm takes to gain and sustain competitive advantage. What are the 2 business analysis? Internal and External. What are the 3 business strategies? 1) Cost, 2) Differentiation, 3) Innovation. What is competitive advantage? Superior performance relative to other competitors in the same industry or the industry average. How do you assess competitive advantage? Compare firm performance to a benchmark. ...

MIE 201 Exam 3Channel Marketing - correct answer an organized network of firms that work together to get goods and services from producer to consumer. Distribution strategy - correct answer overall plan for moving products to buyers Wholesalers - correct answer sell to organizational customers including other wholesalers, government agencies, and educational insitiuaions. These products are then resold or made into new products. reatilers - correct answer primarily sell products to ...

MKTG 3104 EXAM #3 Qs&As 2024 Marketing Channel - ANS-Individuals and firms involved in the process of making a product or service available for use or consumption by consumers or industrial users Middleman - ANS-Any intermediary between the manufacturer and end-user markets Agent or Broker - ANS-Any intermediary with legal authority to act on behalf of the manufacturer Wholesaler - ANS-Any intermediary who sells to other intermediaries, usually to retailers; term usually applies to consu...

Change Agent correct answer: an expert in diagnosing and changing organizations by applying behavioral science knowledge Critical Evaluation correct answer: Interpreting data/metrics to determine ROI and org impact in making business decisions Mission Statement correct answer: Explains why an organization exists, how it contributes to society, and which values guide its actions Imperfect Competition correct answer: Environment with few or no competitors, numerous suppliers and buyer...

Marketing - An organizational function and set of process for creating, capturing, communicating, and delivering value to customers, and for managing customer relationships in ways that benefit the organization and its stakeholders Marketing Plan - A written document composed of an analysis of the current marketing situation, opportunities, and threats for the firm, marketing objectives and strategy specified in terms of four P's, action programs, and projected or pro forma income (and other...