Author Question: Due to the increasing complexities associated with the advertising industry, there is a tendency for ... (Read 94 times)

awywial

  • Hero Member
  • *****
  • Posts: 577
Due to the increasing complexities associated with the advertising industry, there is a tendency for organizations to become reliant on ____. However, this can create a problem because these people have their own priorities and often lose sight of the overall goals of an effort.
 a. specialists
  b. politicians
  c. CEOs
  d. bureaucrats

Question 2

How do individual factors affect the business buying decision process?



shewald78

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

A

Answer to Question 2

Individual factors are the personal characteristics of participants in the buying center, such as age, education level, personality, and tenure and position in the organization. Let us consider a 55-year-old manager who has been in the organization for 25 years. This manager is likely to have a greater influence and power over buying center decisions than a 30-year-old employed at the firm for only two years. The influence of various factors, such as age and tenure, on the buying decision process depends on the buying situation, the type of product, and the type of purchase (new task, modified rebuy, or straight rebuy). Employees' negotiating styles will vary as well. To be effective, marketers must know customers well enough to be aware of these individual factors and their potential effects on purchase decisions.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

For a complete list of videos, visit our video library