Leo buys 500 sheets of paper from a vendor for his printing firm. He is satisfied with the product, and he orders the same quantity from the same vendor every week. This is most likely an example of a__________

Fill in the blanks with correct word.


ANSWER: straight rebuy

This is an example of a straight rebuy as Leo orders the same quantity of paper from the same vendor every week. A straight rebuy is a situation in which the purchaser reorders the same goods or services without looking for new information or investigating other suppliers.

Business

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