A company that is not on a firms list of approved

Info icon This preview shows pages 2–3. Sign up to view the full content.

A company that is not on a firm's list of approved suppliers. The needs, desires, and objectives of those involved in a purchase decision. The end result of evaluating product alternatives in the purchase decision process. Demand within business markets affected by three critical dimensions: derived demand, fluctuating demand, and inelastic demand. The percentage of time a product works without failure or stoppage. The document distributed to potential vendors that outlines an organization's product or service needs. It serves as a starting point from which vendors put together their product solution. Companies that buy products and then resell them to other businesses or consumers for a profit. A buying decision that requires little evaluation because the products are purchased on a consistent, regular basis.
Image of page 2

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

Supplier Choice Supply Chain User Selecting between multiple suppliers offering similar product configurations by examining their qualifications. A complex logistics network characterized by high levels of coordination and integration among its members. Actual customers of a product or service who have a great deal of input at various stages of the buying decision process but are typically not decision makers.
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern