In what ways do environmental factors affect the business buying decision process?

What will be an ideal response?


Environmental factors include competitive and economic factors, political forces, legal and regulatory forces, technological changes, and sociocultural issues. These factors can generate considerable uncertainty for an organization, including in buying decisions. Changes in one or more environmental forces, such as new government regulations or increased competition, can create opportunities and threats that affect purchasing decisions.

Business

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A remittance advice is attached to a(n)

a. check. b. invoice. c. purchase order. d. receiving report.

Business

What is the purpose of a purchase funnel? Identify four different stages of the purchase funnel and the marketing objectives associated with each stage

What will be an ideal response?

Business

The ______ has greatly increased the ability of nongovernmental organizations (NGOs) to reach potential donors.

A. Internet B. World Bank C. United Nations D. World Trade Organization

Business

The observer assigned a performance rating factor of 1.10 to the worker and the company employs an allowance factor of 20%. What is the standard time for Element 4?

A) 58.58 seconds B) 56.23 seconds C) 46.86 seconds D) 42.6 seconds

Business