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Business buyer behavior includes retailers and wholesalers who buy things with the purpose of making

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Which of the following is not a characteristic of the business market? ... reduced transaction time between order and delivery ... – PowerPoint PPT presentation

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Title: Business buyer behavior includes retailers and wholesalers who buy things with the purpose of making


1
  • Business buyer behavior includes retailers and
    wholesalers who buy things with the purpose of
    making a profit.
  • True
  • False

2
  • Business buyer behavior includes retailers and
    wholesalers who buy things with the purpose of
    making a profit.
  • True
  • False

3
  • Business markets are _____ than consumer markets.
  • considerably larger
  • slightly larger
  • slightly smaller
  • no different

4
  • Business markets are _____ than consumer markets.
  • considerably larger
  • slightly larger
  • slightly smaller
  • no different

5
  • The main differences between the business to
    business (B2B) market and the business to
    consumer (B2C) market include all of the
    following except _____.
  • the differences in market structure and demand
  • that people assume buying roles
  • the nature of the buying unit
  • the types of decisions and the decision process
    involved

6
  • The main differences between the business to
    business (B2B) market and the business to
    consumer (B2C) market include all of the
    following except _____.
  • the differences in market structure and demand
  • that people assume buying roles
  • the nature of the buying unit
  • the types of decisions and the decision process
    involved

7
  • _____ is demand that ultimately comes from the
    demand for consumer goods.
  • Consumer demand
  • Marketing demand
  • Derived demand
  • End-user demand

8
  • _____ is demand that ultimately comes from the
    demand for consumer goods.
  • Consumer demand
  • Marketing demand
  • Derived demand
  • End-user demand

9
  • Which of the following is not a characteristic of
    the business market?
  • Business markets are more geographically
    concentrated.
  • Many business markets have elastic demand.
  • Business markets have more fluctuating demand.
  • Business marketers have far fewer but larger
    customers.

10
  • Which of the following is not a characteristic of
    the business market?
  • Business markets are more geographically
    concentrated.
  • Many business markets have elastic demand.
  • Business markets have more fluctuating demand.
  • Business marketers have far fewer but larger
    customers.

11
  • In recent years, relationships between business
    customers and suppliers have grown more
    adversarial.
  • True
  • False

12
  • In recent years, relationships between business
    customers and suppliers have grown more
    adversarial.
  • True
  • False (In recent years, business customers and
    suppliers have begun working together more
    closely as partners, not adversaries.)

13
  • Which of the following is not one of the major
    types of buying situations faced by business
    buyers?
  • straight rebuy
  • new task buy
  • online rebuy
  • modified rebuy

14
  • Which of the following is not one of the major
    types of buying situations faced by business
    buyers?
  • straight rebuy
  • new task buy
  • online rebuy
  • modified rebuy

15
  • Which of the business buyer purchase decisions
    offers the greatest opportunities and the
    greatest challenges for marketers?
  • straight rebuy
  • new task buy
  • modified rebuy
  • Both 2 and 3

16
  • Which of the business buyer purchase decisions
    offers the greatest opportunities and the
    greatest challenges for marketers?
  • straight rebuy
  • new task buy
  • modified rebuy
  • Both 2 and 3

17
  • The decision-making unit of a buying organization
    is called its _____.
  • buying center
  • purchasing department
  • head office
  • marketing department

18
  • The decision-making unit of a buying organization
    is called its _____.
  • buying center
  • purchasing department
  • head office
  • marketing department

19
  • The _____ role in the purchase decision process
    is to control the flow of information to others.
  • buyers
  • gatekeepers
  • influencers
  • deciders

20
  • The _____ role in the purchase decision process
    is to control the flow of information to others.
  • buyers
  • gatekeepers
  • influencers
  • deciders

21
  • A business buying center is a fixed and formally
    identified unit within the buying organization.
  • True
  • False

22
  • A business buying center is a fixed and formally
    identified unit within the buying organization.
  • True
  • False (The buying center is not a fixed and
    formal unit in the business buying organization.
    It fluctuates as different people are needed to
    make different purchases.)

23
  • When competing products vary greatly, business
    buyers pay more attention to _____ factors.
  • economic
  • personal
  • organizational
  • interpersonal

24
  • When competing products vary greatly, business
    buyers pay more attention to _____ factors.
  • economic
  • personal
  • organizational
  • interpersonal

25
  • Shortages in key materials is an important _____
    factor.
  • organizational
  • individual
  • environmental
  • interpersonal

26
  • Shortages in key materials is an important _____
    factor.
  • organizational
  • individual
  • environmental
  • interpersonal

27
  • Individual factors are affected by all of the
    following except _____.
  • buyers attitude toward risk
  • buyers income
  • buyers buying style
  • all of the above affect individual factors

28
  • Individual factors are affected by all of the
    following except _____.
  • buyers attitude toward risk
  • buyers income
  • buyers buying style
  • all of the above affect individual factors

29
  • Once a business buyer determines a problem or
    need, the next step in the business buying
    process is to _____.
  • begin a supplier search
  • solicit suppliers proposals
  • determine a general need description
  • make a purchase

30
  • Once a business buyer determines a problem or
    need, the next step in the business buying
    process is to _____.
  • begin a supplier search
  • solicit suppliers proposals
  • determine a general need description
  • make a purchase

31
  • The 8-stage buyer decision model would most
    likely be used for a _____ buying decision.
  • straight rebuy
  • new task
  • online
  • modified rebuy

32
  • The 8-stage buyer decision model would most
    likely be used for a _____ buying decision.
  • straight rebuy
  • new task
  • online
  • modified rebuy

33
  • E-procurement is being used by _____ of business
    buyers today.
  • 33
  • 50
  • 75
  • 90

34
  • E-procurement is being used by _____ of business
    buyers today.
  • 33
  • 50
  • 75
  • 90

35
  • Which of the following is not one of the benefits
    of business to business e-procurement?
  • reduced transaction costs for suppliers
  • reduced transaction time between order and
    delivery
  • enhanced relationships between decades-old
    suppliers and customers
  • increased time for purchasers to focus on
    strategic issues

36
  • Which of the following is not one of the benefits
    of business to business e-procurement?
  • reduced transaction costs for suppliers
  • reduced transaction time between order and
    delivery
  • enhanced relationships between decades-old
    suppliers and customers
  • increased time for purchasers to focus on
    strategic issues

37
  • The _____ consists of schools, hospitals, nursing
    homes and prisons that provide goods and services
    to people in their care.
  • government market
  • institutional market
  • non-profit market
  • organizational market

38
  • The _____ consists of schools, hospitals, nursing
    homes and prisons that provide goods and services
    to people in their care.
  • government market
  • institutional market
  • non-profit market
  • organizational market

39
  • Unlike business markets, government markets are
    closely watched by outside publics.
  • True
  • False

40
  • Unlike business markets, government markets are
    closely watched by outside publics.
  • True
  • False
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