Examveda
Examveda

Mr. Lopez buys goods and services for use in the production of products that are sold and supplied to others. Mr. Lopez is involved in ________.

A. Consumer buying behavior

B. Post-purchase dissonance

C. Retail buyer behavior

D. Business buyer behavior

Answer: Option D

Solution(By Examveda Team)

Mr. Lopez buys goods and services for use in the production of products that are sold and supplied to others. Mr. Lopez is involved in business buyer behavior. Business buyer behaviour is the intent and behaviour shown by companies and employees into making purchases for the organization. Business buying behaviour is the concept of understanding the needs and wants of a business and making appropriate purchases, which ultimately help a company get profits.

This Question Belongs to Management >> Marketing

Join The Discussion

Related Questions on Marketing

The four unique elements to services include:

A. Independence, intangibility, inventory, and inception

B. Independence, increase, inventory, and intangibility

C. Intangibility, inconsistency, inseparability, and inventory

D. Intangibility, independence, inseparability, and inventory