Business

9th -

12thgrade

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Mktg Unit 2: Consumer & Business Buying Behavior

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  • 1. Multiple Choice
    1 minute
    1 pt

    The decision process by which business buyers determine which products and services their organizations need to purchase and then find, evaluate, and choose among alternative suppliers and brands is known as __________.

    situational analysis

    business buying process

    business diversificaiton

    business process automation

    lateral expansion

  • 2. Multiple Choice
    1 minute
    1 pt

    Business buyer behavior refers to the ___________.

    buying behavior of consumers who buy goods and sevices for personal consumption

    buying behavior of the organizations that buy goods and services for use in the production of other products and services that are sold, rented, or supplied to others

    buying behavior of consumers who rely on small retailers for the regular supply of provisions

    decision process by which business buyers determine which products and services their organizations need to purchase

    strong affinity of businesses for value-for-money deals

  • 3. Multiple Choice
    1 minute
    1 pt

    Business markets are similar to consumer markets in that ______________.

    the nature of buying unit is the same for both

    the decisions processes involved in both the markets are same

    both involve people who assume buying roles and make purchase decisions to satisfy needs

    both share the same market structure

    the types of decisions are fairly consistent in both the markets

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