Once a firm has carefully studied all of the vendors, bids have been considered, and the vendor audit has been conducted, the next step in the business-to-business buying process is:

Once a firm has carefully studied all of the vendors, bids have been considered, and the vendor audit has been conducted, the next step in the business-to-business buying process is:



A) the vendor screening

B) vendor selection

C) negotiation of purchase terms

D) postpurchase evaluation



Answer: B) vendor selection


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