Large chain resellers may have a highly formalized ________ called a buying committee to make purchasing decisions, while most industrial firms and government units use informal groups.

Large chain resellers may have a highly formalized ________ called a buying committee to make purchasing decisions, while most industrial firms and government units use informal groups.


a. supply partnership

b. bidder's list

c. reciprocal agreement

d. buying center


Answer: d. buying center


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