A representative from Pepsi stops by at a local fast-food restaurant once a month to inquire how much soft drink syrup the store will need. The restaurant's orders are an example of which type of business purchase?

A. New-task
B. Modified rebuy
C. Straight rebuy
D. Bid
E. Negotiated


Answer: C

Business

You might also like to view...

In a contract involving a minor, whether an item can be considered "necessary":

A. depends on the minor's station in life. B. doesn't depend on the minor's age. C. doesn't depend on personal circumstances. D. depends on what the adult signed for.

Business

The Sarbanes-Oxley Act requires only that a firm keep good records

Indicate whether the statement is true or false

Business

How do the stages of buyer readiness affect the composition of a product's marketing communications mix?

What will be an ideal response?

Business

The Cost of Goods Sold account will have the same ending balance whether using traditional or backflush costing

Indicate whether the statement is true or false

Business