- In the context of business markets, the increased interdependence between buyers and sellers and the desire to reduce the risk of the unknown has led to; a. lower levels of service expectations by buyers. b. an emphasis on the development of long-term buyer-seller relationships. c. the separation of purchasing from other functions within buying organizations. d. a decline in buyer-seller interaction.
- Question 9 (1 point) Saved True or False: A resume is a set of headings and lists that express all of the qualifications in your Qualifications Inventory. True False
- __ denotes that the demand in business markets is closely associated with the demand for consumer goods. a. Concentrated demand b. Composite demand c. Direct demand d. Derived demand
- In the context of the types of buyers,which of the following is a difference between business markets and consumer markets? a. Unlike buyers in business markets, buyers in consumer markets are trained as purchasing agents. b. Unlike the demand for goods in business markets, the demand for goods in consumer markets is highly volatile. c. Business buyers tend to be more in number as compared to consumer buyers. d. Business buyers tend to be larger in size as compared to consumer buyers.
- The difference between the earned value and the actual cost is the cost variance. True False
