Vidyalelo
Management · Q44

Marketing

Graduate and Post Graduate · Management · question 44

Q44

A transaction in which the organization is making an initial purchase of an item to be used to perform a new job refers to which of the following purchases?

A.
Straight rebuy purchase
B.
Delayed purchase
C.
New-task purchase
Answer
D.
Modified rebuy purchase

Answer: Option C

Solution

Answer: Option C
Solution:
A transaction in which the organization is making an initial purchase of an item to be used to perform a new job refers to New-task purchase. New task purchase is the one purchase decision that has not been done previously by the business as they didnot have the need for a new product / task.